Middleby Acquires RAM Fry Dispensers

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of RAM Fry Dispensers, a business unit of Automated Equipment LLC based in Red Wing, Minn. RAM is an industry leader in automated frozen fry dispensing equipment.

“The addition of RAM enhances our restaurant automation portfolio. In the current market, operators are in need of solutions to address labor costs and availability. As an innovation leader, the RAM automated fry dispenser also manages portion control through inductive basket sensors, decreasing food waste and promoting a higher quality cooking environment,” said Tim FitzGerald, CEO of Middleby. “This is a natural extension of our best-in-class fryer brands. RAM is currently in use with many large global restaurant chains. We expect to further develop and integrate this solution with our existing products.”

The RAM Fry Dispenser is known for reliability, ease of use and dispensing accuracy. The units operate by releasing portion-controlled frozen product directly from the freezer into fry baskets. This system ensures the fries are cooked directly from frozen, resulting in improved product quality, consistency and yield. The patented weighing system gives users accurate portion control which supports lessening food costs and reducing needed labor. After the fries are loaded in the baskets, they are then removed and placed in the fryer for cooking.

For more information about Middleby and the company brands, please visit www.middleby.com. For more information on RAM Fry Dispensers please visit www.autoequipllc.com.

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 in the commercial foodservice, food processing and residential kitchen equipment industries. The company's leading equipment brands serving the commercial foodservice industry include Anets®, APW Wyott®, Bakers Pride®, Beech®, BKI®, Blodgett®, Blodgett Combi®, Blodgett Range®, Bloomfield®, Britannia®, Carter-Hoffmann®, Celfrost®, Concordia®, CookTek®, Crown Food Equipment®, CTX®, Desmon®, Doyon®, Eswood®, EVO®, frifri®, Firex®, Follett®, Giga®, Globe®, Goldstein®, Holman®, Houno®, IMC®, Induc®, Jade®, JoeTap®, Josper®, L2F®, Lang®, Lincat®, MagiKitch'n®, Market Forge®, Marsal®, Middleby Marshall®, MPC®, Nieco®, Nu-Vu®, PerfectFry®, Pitco Frialator®, QualServ®, SiteSage®, Southbend®, Ss Brewtech®, Star®, Sveba Dahlen®, Synesso®, Taylor®, Toastmaster®, TurboChef®, Ultrafryer®, Varimixer®, Wells® and Wunder-Bar®. The company’s leading equipment brands serving the food processing industry include Alkar®, Armor Inox®, Auto-Bake®, Baker Thermal Solutions®, Burford®, Cozzini®, CVP Systems®, Danfotech®, Drake®, Emico®, Glimek®, Hinds-Bock®, Maurer-Atmos®, MP Equipment®, M-TEK®, Pacproinc®, RapidPak®, Scanico®, Spooner Vicars®, Stewart Systems®, Thurne® and Ve.Ma.C.®. The company’s leading equipment brands serving the residential kitchen industry include AGA® AGA Cookshop®, Brava®, Fired Earth®, EVO®, Heartland®, La Cornue®, Leisure Sinks®, Lynx®, Marvel®, Mercury®, Rangemaster®, Rayburn®, Redfyre®, Sedona®, Stanley®, TurboChef®, U-Line® and Viking®.

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Darcy Bretz, Investor and Public Relations, (847) 429-7756