---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-033775"
form_type: "8-K"
ticker: "MIDD"
cik: "0000769520"
company_name: "MIDDLEBY Corp"
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:49:44.518274+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Middleby completes sale of 51% stake in Residential Kitchen to 26North for $540M cash

## Summary
- Proceeds $540M cash plus $135M seller note; Middleby retains 49% non-controlling interest in JV.
- Transaction transforms Middleby into pure-play commercial foodservice leader; Food Processing spin-off planned.
- Middleby repurchased $218M shares in Q4 2025, total $720M returned in 2025, shares reduced ~9%.
- Additional $152M in share repurchases in January 2026; proceeds used to optimize capital structure.
- Residential Kitchen to be reported as discontinued operations starting Q4 2025; income as minority interest.

## SEC filing metadata
- accession: 0001193125-26-033775
- form_type: 8-K
- ticker: MIDD
- cik: 0000769520
- company_name: MIDDLEBY Corp
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/769520/000119312526033775/0001193125-26-033775-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/769520/000119312526033775/d21259d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-033775
- JSON: https://secwatch.observer/filing/0001193125-26-033775.json
- Plain text: https://secwatch.observer/filing/0001193125-26-033775.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.