The Middleby Corporation acquired Sveba Dahlen Group for $81.4 million, a transaction completed in June 2017, structured as all cash.
Sveba Dahlen Group operates in Commercial Foodservice. Sveba Dahlen is a developer and manufacturer of ovens and baking equipment for the commercial foodservice and industrial baking industries, headquartered in Fristad, Sweden.
Added a European baking-equipment leader to the commercial and industrial baking lineup.
Advisory firms were not disclosed for this transaction.