The Middleby Corporation Acquires CVP Systems

  • July 13, 2017
  • Terry Gajewski

The Middleby Corporation (NASDAQ:MIDD) today announced the acquisition of CVP Systems, a leading manufacturer of high‐speed packaging systems for the meat processing industry.  The company is based in Downers Grove, Ill., and has approximately $20 million in annual revenues. 

“CVP Systems is a world leader in Modified Atmosphere Packaging, a highly innovative packaging technology that extends the shelf life of food through removing air and introducing a more beneficial environment during packaging. The addition of CVP further deepens the capabilities of our food processing group with a highly complementary technology to our product portfolio,” said Selim A. Bassoul, Chairman and CEO of The Middleby Corporation.  “With this acquisition, we add a highly respected brand and continue to strengthen the portfolio of comprehensive solutions that we offer our customers in the food processing industry.”