June 30, 2022
The Middleby Corp. has acquired Icetro, a maker of ice, soft serve and slush machines used in commercial foodservice, for an undisclosed sum, according to a press release.
With annual sales of approximately $40 million, Icetro is based in South Korea with U.S. operations based in Anaheim, California.
"Icetro expands our offerings in ice, adding a selection of cubed and flaked machines, while their soft serve and slush machines enhance our existing product lines with a collection of countertop equipment," Tim FitzGerald, Middleby CEO, said in the press release. "Icetro soft serve technology has heat-treat pasteurization capabilities addressing food safety issues, while reducing cleaning and labor requirements."