M&A Deal Summary

Electrolux Group Acquires Best Range Hood

On July 7, 2017, Electrolux Group acquired consumer products company Best Range Hood from Broan-Nutone

Acquisition Highlights
  • This is Electrolux Group’s 5th transaction in the Consumer Products sector.
  • This is Electrolux Group’s 6th transaction in the United States.
  • This is Electrolux Group’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2017-07-07
Target Best Range Hood
Sector Consumer Products
Buyer(s) Electrolux Group
Sellers(s) Broan-Nutone
Deal Type Divestiture

Target

Best Range Hood

Hartford, Wisconsin, United States
Broan Range Hood LLC is a manufacturer of innovative and well-designed kitchen hoods. Best Range Hood was founded in 1932 and is based in Hartford, Wisconsin.

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Buyer(S) 1

Buyer

Electrolux Group

Stockholm, Sweden

Category Company
Founded 1901
Sector Consumer Products
Employees45,000
Revenue 134.5B SEK (2023)
DESCRIPTION
Electrolux plant in St. Cloud, Minnesota.
Electrolux plant in St. Cloud, Minnesota.

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


DEAL STATS #
Overall 15 of 18
Sector (Consumer Products) 5 of 5
Type (Divestiture) 4 of 4
State (Wisconsin) 1 of 1
Country (United States) 6 of 6
Year (2017) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-02 Grindmaster-Cecilware

Louisville, Kentucky, United States

Grindmaster-Cecilware Corp. is a manufacturer of hot, cold and frozen beverage dispensing equipment including coffee machines.

Buy $108M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-22 Schneidereit

Solingen, Germany

Schneidereit GmbH is a provider of laundry rental solutions for professional customers in Germany and Austria.

Buy -

Seller(S) 1

SELLER

Broan-Nutone

Hartford, Wisconsin, United States

Category Company
Sector Consumer Products
DESCRIPTION

Broan-NuTone is a designer, manufacturer and marketer of the Best brand of kitchen ventilation products. Broan-Nutone products help builders, remodelers, contractors, designers, and architects build and update homes’ ventilation systems while providing added features like antimicrobial LED lights, humidity and heat sensors, smart motors, and cloud-connected automated indoor air quality. . Broan-Nutone is based in Hartford, Wisconsin.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1