Middleby completes spin-off of food processing business as Midera (MFP)

Filed July 6, 2026 · Period ending July 5, 2026 · ~1 min read

Key Changes

• high

  Middleby distributed 100% of Midera Food Processing shares to stockholders on a 1-for-1 basis (one Midera share per Middleby share held as of June 26 record date); Midera begins trading on Nasdaq under ticker MFP on July 7, 2026.

  Item 2.01 — Completion of Acquisition or Disposition of Assets verify on EDGAR →
• high

  Middleby retains no ownership in Midera and emerges as a pure-play commercial foodservice company; Midera operates as an independent food processing business with its own M&A pipeline.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Separation and Distribution Agreement governs the spin-off mechanics, internal reorganization, and ongoing relationship between the two companies; Tax Matters Agreement allocates tax responsibilities to preserve transaction structure.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →