M&A Deal Summary

AB Electrolux Acquires Email Pty - Household Appliances

On November 20, 2000, AB Electrolux acquired consumer products company Email Pty - Household Appliances from Email Pty for 485M AUD

Acquisition Highlights
  • This is AB Electrolux’s 1st transaction in the Consumer Products sector.
  • This is AB Electrolux’s 0th largest (disclosed) transaction.
  • This is AB Electrolux’s 1st transaction in Australia.

M&A Deal Summary
Date 2000-11-20
Target Email Pty - Household Appliances
Sector Consumer Products
Buyer(s) AB Electrolux
Sellers(s) Email Pty
Deal Type Divestiture
Deal Value 485M AUD

Target

Email Pty - Household Appliances

Waterloo, Australia
Email Pty Ltd. - Household Appliances is a manufacturer, distributor and marketer of white-goods in Australia and New Zealand (such as refrigerators, freezers, cookers, washing machines, dryers, dishwashers), the manufacture of white-goods components, as well as import and export of white-goods into and from Australia.

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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 5 of 18
Sector (Consumer Products) 1 of 5
Type (Divestiture) 2 of 4
Country (Australia) 1 of 3
Year (2000) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-09-14 Washex/Challenge

Germany

Washex/Challenge heavy-duty laundry business is part of our strategy to concentrate on our core businesses."

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-29 Cushion Cut

Torrance, California, United States

Cushion Cut is a manufacturer and distributor of diamond tools and equipment for the construction industry.

Buy -

Seller(S) 1

SELLER

Email Pty

Waterloo, Australia
Category Company
Founded 1934
Sector Consumer Products
DESCRIPTION

Email Pty Ltd. is a manufacturer of household products like carbon steel, structural's, plates, sheets, coils, bars, and pipes.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
Country (Australia) 1 of 1
Year (2000) 1 of 1
Mergr

Product

Company

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