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The Middleby Corporation

American Capital exited its investment in The Middleby Corporation in the fourth quarter of 2002.

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American Capital Invests $25 Million in Foodservice Equipment Acquisition

Bethesda, MD – December 21, 2001 – American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has invested $25 million to fund The Middleby Corporation's (Nasdaq: MIDD) acquisition of G.S. Blodgett Corporation from Maytag Corporation (NYSE: MYG). Middleby has been a leading designer, manufacturer, marketer and distributor of cooking and warming equipment for over 100 years. Blodgett manufactures commercial cooking products under the Blodgett, Pitco Frialator, MagiKitch'n and Blodgett Combi brands. The acquisition will approximately double Middleby's size and combines two strong brands.[more...]

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