M&A Deal Summary

Nidec Acquires Whirlpool - Embraco Compressor

On April 24, 2018, Nidec acquired electrical equipment company Whirlpool - Embraco Compressor from Whirlpool for 1.1B USD

Acquisition Highlights
  • This is Nidec’s 12th transaction in the Electrical Equipment sector.
  • This is Nidec’s largest (disclosed) transaction.
  • This is Nidec’s 1st transaction in Brazil.

M&A Deal Summary

Date 2018-04-24
Target Whirlpool - Embraco Compressor
Sector Electrical Equipment
Buyer(s) Nidec
Sellers(s) Whirlpool
Deal Type Divestiture
Deal Value 1.1B USD

Target

Whirlpool - Embraco Compressor

Brazil
Whirlpool Corp. - Embraco Compressor is a provider of cooling solutions for household, commercial, medical, retail applications, and aftermarket segments.

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Buyer(S) 1

Buyer

Nidec

Kyoto, Japan

Category Company
Founded 1973
Sector Electrical Equipment
Employees758
Revenue 2.35T JPY (2024)
DESCRIPTION

Nidec manufactures motor application products based on everything that spins and moves, centering around a motor business that comprises an expansive product line from small precision to supersized motors. These products are used in all kinds of objects and devices around us that are critical to our lives and society. Nidec was founded in 1973 and is based in Kyoto, Japan.


DEAL STATS #
Overall 20 of 28
Sector (Electrical Equipment) 12 of 14
Type (Divestiture) 7 of 10
Country (Brazil) 1 of 1
Year (2018) 1 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-01 driveXpert

Ilmenau, Germany

driveXpert GmbH is a provider in the design and development of hardware and software for automotive Electronic Control Unit (ECU). driveXpert GmbH was established in 2010 and is based in Ilmenau, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 CIMA

Villanova, Italy

CIMA S.p.A. is an Italian commercial motor manufacturer. CIMA was founded in 1977 and is based in Villanova, Italy.

Buy -

Seller(S) 1

SELLER

Whirlpool

Benton Harbor, Michigan, United States

Category Company
Founded 1911
Sector Consumer Products
Employees59,000
Revenue 19.5B USD (2023)
DESCRIPTION
Whirlpool's corporate headquarters in Benton Harbor, Michigan.
Whirlpool's corporate headquarters in Benton Harbor, Michigan.

Whirlpool is a manufacturer and marketer of major home appliances. Whirlpool operates 65 manufacturing and technology research centers around the world. Its brands include Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, and Bauknecht. Whirlpool was founded in 1898 and is based in Benton Harbor, Michigan.


DEAL STATS #
Overall 3 of 5
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 3 of 5
Country (Brazil) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-02 Yummly

Redwood City, California, United States

Yummly, Inc. is a digital platform (mobile and web) for personalized recipes and cooking resources. Since Yummly’s inception, it has been active in the digital kitchen and connecting users to the recipes they love. From recipe recommendations to handy tools and helpful videos, Yummly has everything needed to improve life in the kitchen every step of the way.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-06 Whirlpool - Vessi Fermentor

Benton Harbor, Michigan, United States

Whirlpool Corp. - Vessi Fermentor is a home beer fermentation system. The appliance – a single tank that is sealed, pressurized, and temperature-controlled – allows homebrewers to continue to experiment with flavors and ingredients while bringing more consistency and ease to the fermentation process.

Sell -