Midera says acquisition strengthens its ability to deliver complete processing lines for poultry clients and advances its total line solutions strategy. Poultry represents one of Midera's fastest-growing categories, supported by customer demand and a consumer shift toward higher-protein diets.

“This acquisition aligns with our vision to continue to lead the future of food production automation around the globe,” says Midera CEO Mark Salman. “The leadership team at Phoenix Innovations has earned trusted relationships throughout the poultry industry by consistently solving complex processing challenges. That reputation, combined with their product capabilities, makes them a compelling addition to our platform. We see a clear path to accelerate value creation through our total line solutions approach, leveraging the expertise and capabilities across our 30-plus brands and global service network.”

This is Midera’s first acquisition as a standalone company. Phoenix is aligned with the M&A framework Midera, formerly part of The Middleby Corporation, has leveraged since 2005. With a pipeline of strategically aligned targets and a strong standalone balance sheet, Midera says it is positioned to be an active acquirer in the food processing equipment market.