M&A Deal Summary

Electrolux Group Acquires CTI S.A

On August 22, 2011, Electrolux Group acquired electrical equipment company CTI S.A

Acquisition Highlights
  • This is Electrolux Group’s 1st transaction in the Electrical Equipment sector.
  • This is Electrolux Group’s 1st transaction in Chile.

M&A Deal Summary

Date 2011-08-22
Target CTI S.A
Sector Electrical Equipment
Buyer(s) Electrolux Group
Deal Type Add-on Acquisition

Target

CTI S.A

Maipu, Chile
CTI S.A is a manufacturer of refrigerators, stoves, washing machines and heaters, sold under the brands Fensa and Mademsa

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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 8 of 18
Sector (Electrical Equipment) 1 of 2
Type (Add-on Acquisition) 5 of 14
Country (Chile) 1 of 1
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-12 Husqvarna

Stockholm, Sweden

Husqvarna is a producer of outdoor power products including robotic mowers, garden tractors, chainsaws and trimmers. Husqvarna also produces consumer watering products as well as cutting equipment and diamond tools for the construction and stone industries. Husqvarna was founded in 1689 and is based in Stockholm, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-07 BeefEater Barbecues

Australia

BeefEater is a manufacturer of portable and compact barbecue products.

Buy -