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26North Partners Affiliates Complete Acquisition Of Controlling Stake In Middleby's Residential Kitchen Operations; Financial Terms Not Disclosed

Benzinga·02/02/2026 21:22:28
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26North Partners LP ("26North") and The Middleby Corporation ("Middleby") (NASDAQ:MIDD) announced that affiliates of 26North completed an acquisition of a controlling interest in Middleby's Residential Kitchen business. Middleby will retain a significant non-controlling ownership stake as part of the joint venture. Upon closing, the business has been rebranded as Composition Brands, marking its next chapter as an independent platform of iconic premium and ultra-luxury residential kitchen and outdoor living brands.

Composition Brands is home to a curated collection of category-defining names, including Viking, AGA, Rangemaster, La Cornue, Lynx and U-Line. The new identity reflects a portfolio united by craftsmanship, thoughtful design and dependable performance, while preserving the individuality and heritage that have defined these brands for generations.