M&A Deal Summary

Maytag Acquires Chicago Pacific

On October 25, 1988, Maytag acquired consumer products company Chicago Pacific for 1.0B USD

Acquisition Highlights
  • This is Maytag’s 1st transaction in the Consumer Products sector.
  • This is Maytag’s largest (disclosed) transaction.
  • This is Maytag’s 1st transaction in the United States.

M&A Deal Summary
Date 1988-10-25
Target Chicago Pacific
Sector Consumer Products
Buyer(s) Maytag
Deal Type Add-on Acquisition
Deal Value 1.0B USD

Target

Chicago Pacific

United States

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Buyer(S) 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 STATS #
Overall 1 of 2
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United States) 1 of 2
Year (1988) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-06-05 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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