2010-03-01
Doyon is proud to
announce the introduction of the DPW10 warmer-proofer
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Doyon warmer/proofers provide uniform proofing and holding from top to bottom with their unique even flow system. These units have been designed for small and medium production of food products. |
2010-01-15
Karl Doyon Named President of Doyon/Nu-Vu Foodservice Baking Division
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Elgin, IL (January 15, 2010) – Karl Doyon, President of Doyon, Inc. has been named to an expanded role as President of the combined Doyon/Nu-Vu-Foodservice baking division. In this position, Mr. Doyon will be responsible for realizing synergies between the Doyon and Nu-Vu business divisions and building upon Middleby’s leadership position in the baking segment.
"We are very pleased to have Karl leading our combined baking equipment group. We believe there are significant opportunities to expand our business in the baking segment by leveraging the combined strength of the Doyon and Nu-Vu brands and portfolio of technologies," said Chairman and CEO Selim A. Bassoul. "Karl’s extensive industry experience and track record of success make him uniquely qualified to lead this newly created combined business division.”
In December 2009, Middleby announced the acquisition of Doyon Equipment, Inc., a leading manufacturer of baking ovens and equipment based in Canada.
Statements in this press release or otherwise attributable to Middleby regarding its business which are not historical fact are forward looking statements made pursuant to the safe harbor provisions of the Private Securities and Litigation Reform Act of 1995. Middleby cautions investors that such statements are estimates of future performance and are highly dependent upon a variety of important factors that could cause actual results to differ materially from such statements. These risks are detailed from time-to-time in Middleby's SEC filings.
The Middleby Corporation is a global leader in the foodservice equipment industry. The company develops, manufactures, markets and services a broad line of equipment used for commercial food cooking, preparation and processing. The company's leading equipment brands serving the commercial foodservice industry include Anets®, Blodgett®, Blodgett Combi®, Blodgett Range®, Bloomfield®, Carter Hoffmann®, CookTek®, CTX®, Doyon®, frifri®, Giga®, Holman®, Houno®, Jade®, Lang®, MagiKitch'n®, Middleby Marshall®, Nu-Vu®, Pitco Frialator®, Southbend®, Star®, Toastmaster®, TurboChef® and Wells®. The company’s leading equipment brands serving the food processing industry include Alkar®, MP Equipment®, and RapidPak®. The Middleby Corporation was recognized by Business Week as one of the Top 100 Hot Growth Companies of 2007, 2008 and 2009 and by Forbes as one of the Best Small Companies in 2007, 2008 and 2009. For more information about The Middleby Corporation and the company brands, please visit www.middleby.com.
Contact: Darcy Bretz, Investor and Public Relations, (847) 429-7756
Tim FitzGerald, Chief Financial Officer (847) 429-7744
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2009-12-16
The Middleby Corporation Completes Acquisition of Doyon Equipment Inc.
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ELGIN, Ill.-- December 16, 2009 -- The Middleby Corporation (NASDAQ: MIDD) today announced it
has acquired all of the shares of Doyon Equipment Inc. (“Doyon”), a leading manufacturer of baking
ovens for the commercial foodservice industry with approximately $15 million in annual sales located
in Canada. The transaction will be financed under Middleby’s senior revolving credit facility. The
acquisition of Doyon allows Middleby to continue to expand its portfolio of leading brands in the
cooking and warming segments and increase its market penetration worldwide.
Selim A. Bassoul, Middleby Chairman and Chief Executive Officer, said, “We are very pleased to
announce the Doyon acquisition. Doyon is a well recognized brand, with a strong presence in Canada
and growing presence in the United States. This acquisition allows us to continue to strengthen our
leadership position in baking ovens and add to our portfolio of leading chain restaurant customers.
Additionally, we believe there are measurable synergies that can be achieved with this acquisition.”
Mr. Bassoul further continued, “We are very excited to have the Doyon team, lead by Karl Doyon,
joining the Middleby organization. Karl will continue to lead Doyon as the President of this division.
He and his team will lead initiatives to expand Middleby’s presence in the bakery and supermarket
segments, as well as initiatives to expand the presence of the Middleby portfolio of products in
Canada. Karl is well respected within the industry and will be a great addition to our team.”
Statements in this press release or otherwise attributable to Middleby regarding its business which are
not historical fact are forward-looking statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Middleby cautions investors that such statements are
estimates of future performance and are highly dependent upon a variety of important factors that
could cause actual results to differ materially from such statements. These risks are detailed from
time-to-time in Middleby's SEC filings.
The Middleby Corporation is a global leader in the foodservice equipment industry. The company
develops, manufactures, markets and services a broad line of equipment used for commercial food
cooking, preparation and processing. The company's leading equipment brands serving the
commercial foodservice industry include Anets®, Blodgett®, Blodgett Combi®, Blodgett Range®,
Bloomfield®, Carter Hoffman®, CookTek®, CTX®, Doyon®, frifri®, Giga®, Holman®, Houno®,
Jade®, Lang®, MagiKitch'n®, Middleby Marshall®, Nu-Vu®, Pitco Frialator®, Southbend®, Star®,
Toastmaster®, Turbochef®, and Wells®. The company’s leading equipment brands serving the food
processing industry include Alkar®, MP Equipment®, and RapidPak®. The Middleby Corporation was
recognized by Business Week as one of the Top 100 Hot Growth Companies of 2007, by Crain’s
Chicago Business as one of the Fastest 50 Growth Companies in 2007, and by Forbes as one of the
Best Small Companies in 2008.
Contacts
The Middleby Corporation
Darcy Bretz, 847-429-7756
Investor and Public Relations
Tim FitzGerald, 847-429-7744
Chief Financial Officer |
2009-01-12
Doyon is proud to
announce the introduction of the Jet Air Plus oven series
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The all-new Jet Air Plus is an all-in-one cooking system that will cook, bake, roast and rethermalize, combining modes for convection, or a combination of steam and convection heat. |
2008-10-10
Doyon is proud to
announce the introduction of the DL18P dough sheeter to its large product line
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The Doyon DL18P dough sheeter is an efficient two stage machine featuring a front infeed and discharge. Ergonomic design makes it easy and simple to operate. |
2007-10-18
Doyon is proud to
announce the introduction of the DD10 dough divider to its large product line
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Treat yourself to the best divider of the industry. Doyon’s DD10 divider is the best solution to save time, effort and labor expenses. The DD10 completely eliminates manual weighing of your dough in a compact space.
Doyon’s DD10 dough divider allows you to divide any type of dough (from 50% to 60% absorbtion ration) with consistent precision.
Load up to 66 lb of dough in the hopper and with the touch of a button, you can uniformly divide from 360 to 3000 pieces of 1 oz up to 29 oz per hour.
The DD10 can be completely taken apart without any tool for easy cleaning. |
2007-10-18
Doyon is proud to
announce the introduction of the DR45 dough rounder to its large product line
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Treat yourself to the best divider of the industry. Doyon’s DR45 rounder is the best solution to save time, effort and labor expenses. The DR45 completely eliminates manual shaping of your dough in a compact space.
Dough portions from 1oz up to 45 oz can be gently and perfectly rounded in this compact rounder.
The DR45 can be completely taken apart without any tool for easy cleaning. |
2007-09-11
Doyon is proud to
announce the introduction of the D20 hydraulic dough divider to its large product line
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Doyon’s hydraulic dough divider gently and evenly divides up to 35 lb (16 kg) of dough in 20 even pieces. Simple to operate, virtually maintenance free, the round chamber minimizes pressure on dough combining performance, speed and work comfort. |
2007-09-11
Doyon is proud to
announce the introduction of the SM-380 dough moulder to its large product line
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Doyon’s bread moulder will mould your dough pieces for quality baguettes, long sandwiches, bread rolls, hot-dog rolls, submarine rolls, long shaped breads and various types of french loaves from 4 oz up to 16 oz (113g to 453g). |
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