Viking Range Bought by Middleby Corp.
GREENWOOD, Miss.-Middleby Corp., a manufacturer of commercial cooking, food-processing and packaging equipment for the food-service industry, has purchased Viking Range Corp.
Terms of the deal were not disclosed in a statement issued by both companies. Selim Bassoul, Middleby's chairman and CEO, said Viking Range will maintain its headquarters and operations here. Fred Carl Jr., Viking's founder, president and CEO, will remain in his post.
Bassoul said, "As our entry into the residential appliance industry, we see many synergies and growth opportunities between Viking and our existing business units. We hope to aggressively grow and expand the Viking brand and add to their product offerings in the residential market."
Viking's product line currently includes both major and small appliances, cutlery and outdoor products, among others.