Middleby acquires Spooner Vicars Bakery Systems in the U.K. Middleby acquired Spooner Vicars Bakery Systems, a manufacturer of baking systems for the cookie and cracker industry. Headquartered in Merseyside, United Kingdom, Spooner Vicars has annual revenue approaching $10M.
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Middleby price target raised to $171 from $158 at RBC Capital RBC Capital increased its price target on Middleby after the company reported stronger than expected Q1 results. The firm thinks that the company's outlook is bullish but it keeps a Sector Perform rating on the stock.