Middleby draws down on credit facility for acquisitions

By Mary-Katherine Stinson

Lexington, Ky., Dec. 30 – Middleby Corp. finalized the previously announced acquisition of Masterbuilt Holdings, LLC, funding the $385 million purchase price in cash and from borrowings under its existing credit facility.

The company also completed the acquisition of Char-Griller, according to a press release.

Middleby is a foodservice equipment company based in Elgin, Ill.

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