Middleby Acquires Oka-Spezialmaschinenfabrik GmbH & Co. KG

8/13/25 8:30:00 AM ET

Industrial Machinery/Components

Industrials

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Acquisition Expands Food Processing Portfolio and Full-Line Solutions for Bakery Business

The Middleby Corporation (NASDAQ:MIDD), a leading worldwide manufacturer of equipment solutions for commercial foodservice, food processing, and residential kitchens, today announced the acquisition of Oka-Spezialmaschinenfabrik GmbH & Co. KG (Oka), expanding its portfolio of Middleby Food Processing equipment innovations. Oka is a leading designer and manufacturer of industrial extrusion, molding, depositing and cutting industrial production equipment in bakery, confectionery and pet-food markets. Based in Darmstadt, Germany, the company has annual revenues of $12 million.

"Oka is a perfect complement and strategic fit, adding important product categories to our solutions for bakery customers. Oka is known for its advanced engineering capabilities, with an ability to provide unique and high-value customer-driven solutions," said Tim FitzGerald, Middleby CEO. "We expect meaningful sales synergies, as this further enhances our full-line bakery solution offerings to new and existing customers, while also expanding Oka's reach beyond the German market."

The acquisition further strengthens Middleby's ability to provide long term shareholder value in the food processing business after the spinoff is completed in 2026.

Visit www.oka.eu for more information on the company and their full line processing solutions.

ABOUT THE MIDDLEBY CORPORATION

The Middleby Corporation is a global leader in the foodservice industry. The company develops and manufactures a broad line of solutions used in commercial foodservice, food processing, and residential kitchens. Middleby showcases its advanced solutions in the Middleby Innovation Kitchens for commercial foodservice, industrial baking and protein Innovation Centers for food processing solutions and state-of-the-art, award-winning Middleby Residential showrooms. For more information about Middleby, please visit www.middleby.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250812995556/en/

Investor relations inquiries:

John Joyner

VP of Investor Relations

[email protected]

Media inquiries:

Darcy Bretz

VP of Corporate Communications

[email protected]

Get the next $MIDD alert in real time by email

Recent Analyst Ratings for

$MIDD

Date	Price Target	Rating	Analyst
12/10/2025	$175.00	Hold → Buy	Jefferies
11/7/2025	$125.00	Underweight → Neutral	Analyst
9/4/2025	$163.00	Outperform	Wolfe Research
12/12/2024	$170.00 → $160.00	Buy → Hold	Jefferies
6/28/2024		Mkt Perform	Raymond James
5/22/2024	$145.00 → $118.00	Neutral → Underweight	JP Morgan
11/17/2022	$171.00	Buy	Canaccord Genuity
8/26/2022	$190.00	Buy	The Benchmark Company

More analyst ratings

Middleby Acquires Oka-Spezialmaschinenfabrik GmbH & Co. KG

8/13/25 8:30:00 AM ET

$MIDD

Industrial Machinery/Components

Industrials

Get the next $MIDD alert in real time by email

Acquisition Expands Food Processing Portfolio and Full-Line Solutions for Bakery Business

The acquisition further strengthens Middleby's ability to provide long term shareholder value in the food processing business after the spinoff is completed in 2026.

Visit www.oka.eu for more information on the company and their full line processing solutions.

ABOUT THE MIDDLEBY CORPORATION

View source version on businesswire.com: https://www.businesswire.com/news/home/20250812995556/en/

Investor relations inquiries:

John Joyner

VP of Investor Relations

[email protected]

Media inquiries:

Darcy Bretz

VP of Corporate Communications

[email protected]

Get the next $MIDD alert in real time by email

Recent Analyst Ratings for

$MIDD

Date	Price Target	Rating	Analyst
12/10/2025	$175.00	Hold → Buy	Jefferies
11/7/2025	$125.00	Underweight → Neutral	Analyst
9/4/2025	$163.00	Outperform	Wolfe Research
12/12/2024	$170.00 → $160.00	Buy → Hold	Jefferies
6/28/2024		Mkt Perform	Raymond James
5/22/2024	$145.00 → $118.00	Neutral → Underweight	JP Morgan
11/17/2022	$171.00	Buy	Canaccord Genuity
8/26/2022	$190.00	Buy	The Benchmark Company

More analyst ratings

Middleby Acquires Oka-Spezialmaschinenfabrik GmbH & Co. KG

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$MIDD

Middleby Acquires Oka-Spezialmaschinenfabrik GmbH & Co. KG

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$MIDD

$MIDD
Press Releases

Middleby Appoints Brittany Cerwin as Chief Financial Officer

Middleby Appoints Glenn Eisenberg To Board of Directors

The Middleby Corporation Reports Fourth Quarter and Fiscal Year Results

$MIDD
SEC Filings

SEC Form 8-K filed by Middleby Corporation

Middleby Corporation filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Middleby Corporation filed SEC Form 8-K: Regulation FD Disclosure

$MIDD
Insider Trading

Chief Accounting Officer Cerwin Brittany C was granted 1,807 shares and covered exercise/tax liability with 801 shares, increasing direct ownership by 5% to 21,103 units (SEC Form 4)

Chief Development Officer Fuchsen Matthew R was granted 2,345 shares and covered exercise/tax liability with 688 shares, increasing direct ownership by 4% to 41,600 units (SEC Form 4)

Chief Technology and* Pool Iii James K was granted 4,130 shares and covered exercise/tax liability with 1,626 shares, increasing direct ownership by 5% to 56,406 units (SEC Form 4)

$MIDD
Insider Purchases

Director Garden Edward P bought $14,996,481 worth of shares (102,903 units at $145.73) (SEC Form 4)

Director Nerbonne Robert A bought $100,248 worth of shares (780 units at $128.52) (SEC Form 4)

Director Garden Edward P bought $20,279,599 worth of shares (137,000 units at $148.03) (SEC Form 4)

$MIDD
Analyst Ratings

Middleby upgraded by Jefferies with a new price target

Middleby upgraded by Analyst with a new price target

Wolfe Research initiated coverage on Middleby with a new price target

$MIDD
Leadership Updates

Middleby Appoints Brittany Cerwin as Chief Financial Officer

Middleby Appoints Glenn Eisenberg To Board of Directors

Middleby Appoints Christopher Hix To Board of Directors

$MIDD
Financials

The Middleby Corporation Reports Fourth Quarter and Fiscal Year Results

Middleby Schedules Fourth Quarter Earnings Release and Conference Call

Middleby to Sell 51% Stake in Residential Kitchen Business to 26North in Transaction Valuing the Business at $885 Million

$MIDD
Large Ownership Changes

Amendment: SEC Form SC 13G/A filed by Middleby Corporation

SEC Form SC 13G/A filed by Middleby Corporation (Amendment)

SEC Form SC 13G/A filed by Middleby Corporation (Amendment)

Middleby Acquires Oka-Spezialmaschinenfabrik GmbH & Co. KG

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for $MIDD

Middleby Acquires Oka-Spezialmaschinenfabrik GmbH & Co. KG

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for $MIDD

$MIDD Press Releases

Middleby Appoints Brittany Cerwin as Chief Financial Officer

Middleby Appoints Glenn Eisenberg To Board of Directors

The Middleby Corporation Reports Fourth Quarter and Fiscal Year Results

$MIDD SEC Filings

SEC Form 8-K filed by Middleby Corporation

Middleby Corporation filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Middleby Corporation filed SEC Form 8-K: Regulation FD Disclosure

$MIDD Insider Trading

Chief Accounting Officer Cerwin Brittany C was granted 1,807 shares and covered exercise/tax liability with 801 shares, increasing direct ownership by 5% to 21,103 units (SEC Form 4)

Chief Development Officer Fuchsen Matthew R was granted 2,345 shares and covered exercise/tax liability with 688 shares, increasing direct ownership by 4% to 41,600 units (SEC Form 4)

Chief Technology and* Pool Iii James K was granted 4,130 shares and covered exercise/tax liability with 1,626 shares, increasing direct ownership by 5% to 56,406 units (SEC Form 4)

$MIDD Insider Purchases

Director Garden Edward P bought $14,996,481 worth of shares (102,903 units at $145.73) (SEC Form 4)

Director Nerbonne Robert A bought $100,248 worth of shares (780 units at $128.52) (SEC Form 4)

Director Garden Edward P bought $20,279,599 worth of shares (137,000 units at $148.03) (SEC Form 4)

$MIDD Analyst Ratings

Middleby upgraded by Jefferies with a new price target

Middleby upgraded by Analyst with a new price target

Wolfe Research initiated coverage on Middleby with a new price target

$MIDD Leadership Updates

Middleby Appoints Brittany Cerwin as Chief Financial Officer

Middleby Appoints Glenn Eisenberg To Board of Directors

Middleby Appoints Christopher Hix To Board of Directors

$MIDD Financials

The Middleby Corporation Reports Fourth Quarter and Fiscal Year Results

Middleby Schedules Fourth Quarter Earnings Release and Conference Call

Middleby to Sell 51% Stake in Residential Kitchen Business to 26North in Transaction Valuing the Business at $885 Million

$MIDD Large Ownership Changes

Amendment: SEC Form SC 13G/A filed by Middleby Corporation

SEC Form SC 13G/A filed by Middleby Corporation (Amendment)

SEC Form SC 13G/A filed by Middleby Corporation (Amendment)

Recent Analyst Ratings for
$MIDD

Recent Analyst Ratings for
$MIDD

$MIDD
Press Releases

$MIDD
SEC Filings

$MIDD
Insider Trading

$MIDD
Insider Purchases

$MIDD
Analyst Ratings

$MIDD
Leadership Updates

$MIDD
Financials

$MIDD
Large Ownership Changes