Middleby sells majority share of appliance business

The Middleby Corporation, which owns appliance brands including Viking, AGA Rangemaster, La Cornue, Kamado Joe, Marvel, Novy and U-Line, has announced entry into a definitive agreement under which it will sell a 51 per cent stake in its Residential Kitchen business to affiliates of 26North Partners LP in a transaction valuing Residential Kitchen at $885 million […]