M&A Deal Summary

AB Electrolux Acquires Yazoo-Kees - Turf Care Assets

On October 6, 1999, AB Electrolux acquired machinery company Yazoo-Kees - Turf Care Assets from Yazoo-Kees

Acquisition Highlights
  • This is AB Electrolux’s 1st transaction in the Machinery sector.
  • This is AB Electrolux’s 1st transaction in the United States.
  • This is AB Electrolux’s 1st transaction in Nebraska.

M&A Deal Summary

Date 1999-10-06
Target Yazoo-Kees - Turf Care Assets
Sector Machinery
Buyer(s) AB Electrolux
Sellers(s) Yazoo-Kees
Deal Type Divestiture

Target

Yazoo-Kees - Turf Care Assets

Beatrice, Nebraska, United States
Yazoo-Kees - Turf Care Assets is an equipment manufacturer.

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Buyer(S) 1

Buyer

AB Electrolux

Stockholm, Sweden

website


Category Company
Founded 1901
Sector Consumer Products
Employees48,000
Revenue 116.0B SEK (2020)
DESCRIPTION
Electrolux plant in St. Cloud, Minnesota.
Electrolux plant in St. Cloud, Minnesota.

Electrolux is a multinational household and professional appliances manufacturer. AB Electrolux was founded in 1901 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 2 of 18
Sector (Machinery) 1 of 5
Type (Divestiture) 1 of 4
State (Nebraska) 1 of 1
Country (United States) 1 of 6
Year (1999) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1972-01-01 Vestfrost A/S

Esbjerg, Denmark

Vestfrost A/S is a manufacturer and marketer of refrigerators, upright freezers and chest freezers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-11-19 Electrolux -Commercial Refrigeration Business

Sweden

Electrolux -Commercial Refrigeration Business is a provider of refrigeration and freezing equipment for commercial customers within the supermarket, convenience store, food and beverage segments.

Sell -

Seller(S) 1

SELLER

Yazoo-Kees

Charlotte, North Carolina, United States

website


Category Company
Sector Machinery
DESCRIPTION

Yazoo-Kees is a manufacturer and distributor of landscape maintenance equipment.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (Nebraska) 1 of 1
Country (United States) 1 of 1
Year (1999) 1 of 1