M&A Deal Summary

Electrolux Group Acquires Yazoo-Kees - Turf Care Assets

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

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

M&A Deal Summary

Date 1999-10-06
Target Yazoo-Kees - Turf Care Assets
Sector Machinery
Buyer(s) Electrolux Group
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

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 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

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