date:Sep 10, 2012
US-based foodservice equipment company Middleby has acquired Stewart Systems Global, a manufacturer of baking systems for the food processing industry.
Stewart Systems Global, based in Texas, US, specializes in the production of highly automated proofing and oven systems for the baking industry. It has annual revenues of approximately $30m.
Middleby chairman and CEO Selim A Bassoul said that the acquisition is complementary to the recent acquisitions of Auto-Bake and Baker Thermal Solutions, a