Middleby acquires brewing equipment maker
ELGIN - The Middleby Corp. said it has acquired Deutsche Beverage Technology, a maker of beverage brewing and processing systems. for an undisclosed sum.
Based in Charlotte, N.C., the company has $40 million in annual revenues. Deutsche offers a wide variety of solutions for beer, cold brew coffee, kombucha and other liquid extraction applications, according to Middleby CEO Tim FitzGerald.
"Being well-positioned in fast growing markets and emerging segments, Deutsche has differentiated technology with highly engineered products," he added. "The company is very complementary to Ss Brewtech, which Middleby acquired in June, and we are now in a position to accelerate product development and leverage the sales capabilities of both brands."
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