The Middleby Corp (STU:MBY)
€ 130 -1 (-0.76%) Market Cap: 7.01 Bil Enterprise Value: 8.69 Bil PE Ratio: 19.26 PB Ratio: 2.09 GF Score: 88/100

Middleby Corp To Acquire Welbilt Inc - M&A Call Transcript

Apr 21, 2021 / 12:30PM GMT
Release Date Price: €150.3 (+7.82%)
Operator

Welcome to the Middleby conference call to discuss today's announcement on the acquisition of Welbilt. With us today from Middleby management are CEO, Tim FitzGerald; CFO, Bryan Mittelman; Chief Technology and Operations Officer, James Pool; and Chief Commercial Officer, Steve Spittle. Joining the call from Welbilt is CEO, Bill Johnson.

(Operator Instructions) We would like to start today's call with comments from Middleby's CEO, Tim FitzGerald. Please go ahead, sir.

Timothy J. FitzGerald
The Middleby Corporation - CEO & Director

Thank you, and good morning. I want to thank everyone for joining our conference call on this exciting day as we announced Middleby's planned acquisition of Welbilt.

Please note, there are slides on our website under the Investing section, which will accompany today's call.

I am aware that we not only have Middleby financial analysts on this call, but we also have the Welbilt financial community, employees of both companies, customers and other industry players. I'd like to welcome all participants to

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