Refreshment focuses on the water dispenser/cooler, office coffee service and vending sectors, while also taking an in-depth look into products for vending from bottled water and drinks, to snacks and confectionery. It also focuses on hydration, health and wellness, new technologies and environmental and social responsibility issues.
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Middleby Corporation has announced the acquisition of Marco Beverage Systems, a beverage dispensing solutions manufacturer, for an undisclosed sum.
Marco’s products include Pour’d cold coffee on tap, which is a cold coffee solution that improves the speed of service in the out-of-home coffee business. The company has annual revenues of $30 million with facilities in Dublin, Ireland and Ningbo, China.
The company’s operations – in the latter market, in particular – will expand Middleby’s manufacturing and sales teams and capabilities.
“Marco is a leader in innovative beverage dispensing systems. This acquisition is highly complementary to our growing beverage portfolio, and the Marco product line further expands our offerings in coffee brewers, cold brew dispense and a variety of hot, cold and sparkling water dispensers,” said Middleby CEO Tim FitzGerald. “Touchless and in-counter dispense technology is rapidly gaining popularity due to space and labour advantages, along with enhanced aesthetic features. Marco is well-positioned with solutions for these growing trends.”
Marco’s management team will remain unchanged.
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