Doyon is proud to introduce the all new Ebake control.
The Doyon JA and CA Ovens and Oven/Proofers with the exception of the JA4, JA4SC and the JAOP3, will have standard programmable controls. This was an option that was available for an extra charge, it will now be standard! We will be updating manuals, Auto Quotes, web site, and spec sheets. Please call if you have any questions. More products will become standard with the programmable controls in the coming months. To see and learn how to use this new feature, we invite you to watch this video.
Doyon is proud to announce the introduction of the DCO series countertop ovens
Doyon is proud to introduce their all new countertop ovens. The DCO3 & DCO5
are our smallest ovens with a three half-size sheet pans capacity (DCO3) and a
five half-size sheet pans capacity (DCO5).
Doyon is proud to
announce the introduction of the DPW10 warmer-proofer
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.
The Middleby Corporation Completes Acquisition of Doyon Equipment Inc.
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.
The Middleby Corporation
Darcy Bretz, 847-429-7756
Investor and Public Relations
Tim FitzGerald, 847-429-7744
Chief Financial Officer