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Middleby Buys Residential Appliance Brand Novy

Written by The Ashton Report

In the midst of everything else, Middleby Corp. announced July 12 that it acquired Novy, a manufacturer of upscale residential induction cooktops and hoods, based in Kuurne, Belgium. The company has annual sales of about $90 million, mostly in Europe.   “Novy…is well positioned in the built-in cooking segment of the residential market, a category…

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