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Middleby Corp. Complete Sale Of 51% Stake In Residential Kitchen Division

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Middleby Corp. announced Feb. 2 the completion of the previously announced transaction to sell a 51% stake in its Residential Kitchen business to an affiliate of 26North Partners LP. Tim FitzGerald, Middleby CEO, said, “The completion of this transaction is the first step in Middleby’s transformation into a pure-play commercial foodservice equipment company with a…

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