Divestiture • Electrical Equipment

Maytag Acquires Amana

On June 5, 2001, Maytag acquired electrical equipment company Amana from Goodman Global

Acquisition Context
  • This is Maytag’s 1st transaction in the Electrical Equipment sector.
  • This is Maytag’s 2nd transaction in the United States.
  • This is Maytag’s 1st transaction in Maryland.

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M&A Deal Summary

Date June 5, 2001
Target Amana
Sector Electrical Equipment
Buyer(s) Maytag
Sellers(s) Goodman Global
Deal Type Divestiture

Target Company

Amana

Beltsville, Maryland, United States
Amana Corp. is a provider of household appliances. Amana was founded in 1934 and is based in Beltsville, Maryland.
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Buyer Overview 1

Buyer

Maytag

Benton Harbo, Michigan, United States

Category Company
Founded 1893
Sector Consumer Products
Employees17,800
DESCRIPTION

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.


Deal Context for Buyer #
Overall 2 of 2
Sector: Electrical Equipment 1 of 1
Type: Divestiture 1 of 1
State: Maryland 1 of 1
Country: United States 2 of 2
Year: 2001 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1988-10-25 Chicago Pacific

United States

Buy $1.0B

Seller Profile 1

SELLER

Goodman Global

Houston, Texas, United States

Category Company
Founded 1975
Sector Manufacturing
DESCRIPTION

Goodman Global, Inc. is the largest domestic unit manufacturer of heating, ventilation and air conditioning products for residential and light-commercial use.


Deal Context for Seller #
Overall 1 of 1
Sector: Electrical Equipment 1 of 1
Type: Divestiture 1 of 1
State: Maryland 1 of 1
Country: United States 1 of 1
Year: 2001 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-07-15 Amana

Beltsville, Maryland, United States

Amana Corp. is a provider of household appliances. Amana was founded in 1934 and is based in Beltsville, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-04 Robinson Supply

Fall River, Massachusetts, United States

Robinson Supply provides boilers, water heating equipment, heating accessories, radiant panels, controls, tool and test equipment, plumbing fixtures, faucets, ducts, registers, and grills. Robinson Supply was founded in 1954 and is based in Fall River, Massachusetts.

Buy -