Announced
Completed
Synopsis
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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