M&A Deal Summary

Royal Appliance Mfg. Co. Acquires Oreck

On July 25, 2013, Royal Appliance Mfg. Co. acquired consumer products company Oreck

Acquisition Highlights
  • This is Royal Appliance Mfg. Co.’s 1st transaction in the Consumer Products sector.
  • This is Royal Appliance Mfg. Co.’s 1st transaction in the United States.
  • This is Royal Appliance Mfg. Co.’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2013-07-25
Target Oreck
Sector Consumer Products
Buyer(s) Royal Appliance Mfg. Co.
Deal Type Special Situations/Distressed

Target

Oreck

Nashville, Tennessee, United States
Oreck is a manufacturer and direct-to-consumer marketer of premium vacuum cleaners and other household products. Oreck was formed in 1963 and is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

Royal Appliance Mfg. Co.

Glenwillow, Ohio, United States

Category Company
Founded 1905
Sector Consumer Products
Employees550
DESCRIPTION

Royal Appliance Company manufactures and sells floor care products.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Special Situations/Distressed M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1