The Middleby Corporation plans to acquire Jade Products Company from Whirlpool Corporation, which took ownership of Jade when it acquired Maytag in 2006. The acquisition is expected to close on April 2, 2007. Jade manufactures cooking equipment, including ranges, cooktops and ovens for both commercial and residential use. The acquired business, located in Brea, California has approximately U.S. $20 million in annual sales.
to Daily News