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Hatco Purchases Ovention

Oven company to operate as separate division for the Milwaukee-based foodservice equipment manufacturer.

Hatco Corporation has acquired Ovention, Inc., the Dallas-based owner of the Matchbox Oven. Ovention will operate as an independent business unit for Hatco.

Steve Everett, Jr., Ovention’s current director of business development, becomes general manager of the new Hatco business unit. In addition, several other members of the Ovention team are expected to make the transition to Hatco, according to a release announcing the deal.

Hatco Corporation served as the sole, contract manufacturing partner to Ovention since the second half of 2012.