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New Deal


Announced

Completed

Middleby completed the acquisition of Trade-Wind Manufacturing.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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ventilation products

Private

Domestic

Majority

Friendly

Household Appliance

Completed

Single Bidder

United States

Acquisition

Synopsis

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Middleby, a commercial and residential cooking and industrial process equipment company, completed the acquisition of Trade-Wind Manufacturing, a manufacturer of residential and professional series ventilation products. Financial terms were not disclosed. Trade-Wind is a technology and design leader in residential ventilation. The company has been rapidly growing due to its reputation for creating beautiful, custom ventilation solutions. Trade-Wind complements our indoor and outdoor residential cooking brands, allowing us to offer customers a broader portfolio of exciting designs and solutions. For years, Middleby Residential has had a highly successful partnership distributing Trade-Wind, demonstrating the strategic fit for our platform. The addition of Trade-Wind provides an opportunity for greater synergies and a deeper integration with all Middleby Residential brands, accelerating our growth opportunities,” Tim FitzGerald, Middleby CEO.

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