The Middleby Corporation Acquires Market Forge Industries, Inc.

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ELGIN, Ill. — The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of the assets of Market Forge Industries, Inc. (“Market Forge”), a leading manufacturer of steam cooking equipment for the foodservice industry. The product offerings of Market Forge include countertop steamers, kettles and braising pans used by leading restaurants and foodservice operations.  Market Forge has annual revenues of approximately $15 million.

“The steam cooking category is a large and growing sector in the commercial foodservice industry. Through the acquisitionof Market Forge, we add an industry-leading brand focused on steam cooking to our portfolio,” said Selim A. Bassoul, Chairman and CEO of The MiddlebyCorporation. “A long-standing, trusted brand with a one-hundred year history, Market Forge is well-known for quality and innovation. Recent innovations such as the Eco-Tech and TurboSteam countertop steamers are eco-friendly, energy efficient products providing our customers with flexible and cost-efficient steam cooking solutions. We believe byleveraging the well-established Middleby global sales and distribution network we will realize significant sales opportunities in this category.”

Visit www.mfii.com to learn more about Market Forge.

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