ELGIN, ILL. — The Middleby Corp. recently acquired high-speed vacuum packaging equipment manufacturer CP Packaging, which is based in Appleton, Wis.
CP Packaging specializes in packaging design and manufacturing in general but also specifically within the food industry. The company earns approximately $15 million in annual sales.
“CP Packaging is a leading innovator of horizontal form-fill and seal thermoforming equipment,” said Tim FitzGerald, chief executive officer of Middleby. “The CP Packaging systems provide customers with industry leading sanitation, faster production throughput and reduced operating costs.
“This acquisition further expands upon our ability to provide customers with integrated full-line solutions, while significantly strengthening the packaging equipment offerings in our food processing portfolio. There are meaningful synergies amongst our packaging brands and our food processing platform, as we leverage our long-standing customer relationships, established global distribution and manufacturing capabilities.”