Middleby to discontinue Brewing & Distilling Solutions Group; wind-down by end of 2026

MIDDLEBY Corp

Brewing Group (Deutsche Beverage, Ss Brewtech, Wild Goose) had $24M net sales and ~$9M adjusted EBITDA loss in 2025.
Discontinuation expected to be immaterial to 2026 guidance; annual benefit to 2027 adjusted EBITDA margins.
Reiterates Q3 2026 guidance: net sales $620-640M, adjusted EPS $1.67-1.83; FY2026 net sales $2.48-2.53B.
Company to present at 2026 Jefferies Global Industrials Conference on Sept 10, 2026 at 9:30 a.m. ET.

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