1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. Iowa >
  6. AGA Rangemaster Group Acquires ACP

M&A Deal Summary

AGA Rangemaster Group Acquires ACP

On September 7, 2006, AGA Rangemaster Group acquired electronics company ACP from Whirlpool for 49M USD

Acquisition Highlights
  • This is AGA Rangemaster Group’s 1st transaction in the Electronics sector.
  • This is AGA Rangemaster Group’s largest (disclosed) transaction.
  • This is AGA Rangemaster Group’s 1st transaction in the United States.
  • This is AGA Rangemaster Group’s 1st transaction in Iowa.

M&A Deal Summary
Date 2006-09-07
Target ACP
Sector Electronics
Buyer(s) AGA Rangemaster Group
Sellers(s) Whirlpool
Deal Type Divestiture
Deal Value 49M USD

Target

ACP

Cedar Rapids, Iowa, United States
ACP, Inc. is a manufacturer of commercial microwaves, steamers, and combination ovens.

Search 215,074 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

AGA Rangemaster Group

Leamington, United Kingdom
Category Company
Founded 1939
Sector Electronics
Employees2,500
Revenue 261M GBP (2014)
DESCRIPTION

AGA Rangemaster Group Plc is a manufacturer of residential kitchen equipment including ranges, ovens and refrigeration.

DEAL STATS #
Overall 1 of 1
Sector: Electronics M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Iowa M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Whirlpool

Benton Harbor, Michigan, United States
Category Company
Founded 1911
Sector Consumer Products
Employees44,000
Revenue 16.6B USD (2024)
DESCRIPTION
Whirlpool's corporate headquarters in Benton Harbor, Michigan.
Whirlpool's corporate headquarters in Benton Harbor, Michigan.

Whirlpool manufactures and markets major home appliances by operating 65 manufacturing and technology research centers worldwide. Its brands include Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, and Bauknecht. Whirlpool was founded in 1898 and is based in Benton Harbor, Michigan.

DEAL STATS #
Overall 1 of 5
Sector: Electronics M&A 1 of 1
Type: Divestiture M&A Deals 1 of 5
State: Iowa M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2006 M&A 1 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-22 Maytag

Benton Harbo, Michigan, United States

Maytag Corp. is a manufacturer of home and commercial appliances. Maytag's primary brands are Maytag®, Hoover®, Jenn-Air®, Amana®, Dixie-Narco® and Jade®. The Company was formed in 1893.

Buy $2.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-07 Whirlpool - Hoover Floor Care Business

United States

Hoover offers a comprehensive line of products for general and special- purpose vacuuming and carpet washing, including full-size uprights and canisters, deep cleaners, and hard-floor cleaners.

Sell $107M
Mergr

Solution for

Product

Company

Legal