Midera completes spin-off from Middleby; begins trading as MFP on July 7
The Middleby Corporation completed the spin-off of Midera Food Processing, Inc., distributing 100% of Midera common stock to Middleby stockholders on a one-for-one basis, effective 12:01 a.m. Eastern Time on July 6, 2026. Midera begins trading as an independent public company on Nasdaq under the ticker MFP at the market opening on July 7, 2026, and Middleby no longer has an ownership interest in the company. The filing also discloses a new board and executive team, amended and restated charter and bylaws, and several agreements with Middleby that govern the separation.
Key points
- Record date was 4:00 p.m. Central Time on June 26, 2026; each Middleby holder received one Midera share for each Middleby share held.
- Trading begins on Nasdaq under MFP at the market opening on July 7, 2026.
- Mark M. Salman is Chief Executive Officer and a director; Robert A. Nerbonne is Chair of the Board; Amy A. Campbell is Chief Financial Officer.
- Agreements with Middleby dated July 5, 2026 cover separation and distribution, tax matters, employee matters, intellectual property, and transition services.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 06, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.