Middleby acquires stove hood vents company

ELGIN - The Middleby Corp. said Tuesday it has acquired Trade-Wind Manufacturing LLC, a manufacturer of kitchen ventilation systems for indoor and outdoor residential use.

Financial details of the acquisition were not disclosed. Based in Phoenix, Trade-Wind has approximately $10 million in annual revenues.

Trade-Wind designs and manufactures ventilation hoods for outdoor grills and indoor ranges as well as hood liners.

"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," said Tim FitzGerald, Middleby CEO. "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's residential division has had a successful partnership distributing Trade-Wind products, demonstrating the strategic fit for the company, FitzGerald said. The addition of Trade-Wind provides an opportunity for greater synergies and a deeper integration with all Middleby Residential brands, he said.

Middleby is a global supplier to the food service industry. It develops and manufactures a broad line of equipment used in commercial food service, food processing and residential kitchens.