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Middleby Buys Tech Firm, Completes Standex Cooking Deal

Written by The Ashton Report

Middleby Corp. bought another company last week and completed the deal on another. The Elgin, Ill.-based company acquired Powerhouse Dynamics of Newton, Mass., a tech firm that connects, monitors, analyzes and controls restaurant and other equipment. Its SiteStage platform is used by restaurants, c-stores and other multiunit operators. CEO Tim FitzGerald said, “This acquisition significantly…

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