M&A Deal Summary

Whirlpool Acquires Indesit Co.

On July 10, 2014, Whirlpool acquired consumer products company Indesit Co.

Acquisition Highlights
  • This is Whirlpool’s 5th transaction in the Consumer Products sector.
  • This is Whirlpool’s 1st transaction in Italy.

M&A Deal Summary

Date 2014-07-10
Target Indesit Co.
Sector Consumer Products
Buyer(s) Whirlpool
Deal Type Add-on Acquisition

Target

Indesit Co.

Fabriano, Italy
Indesit Co. S.p.A. is a manufacturer and distributor of major domestic appliances. Indesit Company has eight industrial sites (in Italy, Poland, the UK, Russia and Turkey).

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Buyer(S) 1

Buyer

Whirlpool

Benton Harbor, Michigan, United States

Category Company
Founded 1911
Sector Consumer Products
Employees44,000
Revenue 16.6B USD (2024)
DESCRIPTION
Whirlpool's corporate headquarters in Benton Harbor, Michigan.
Whirlpool's corporate headquarters in Benton Harbor, Michigan.

Whirlpool manufactures and markets major home appliances by operating 65 manufacturing and technology research centers worldwide. 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 6 of 9
Sector: Consumer Products M&A 5 of 6
Type: Add-on Acquisition M&A Deals 3 of 5
Country: Italy M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-13 Hefei Rongshida Sanyo Electric Co.

Hefei, China

Hefei Rongshida Sanyo Electric Co., Ltd. is a major home appliances manufacturer based in Hefei, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-18 American Dryer

Fall River, Massachusetts, United States

American Dryer Corp. is a manufacturer and marketer of coin-operated, on-premise, industrial and specialty laundry equipment.

Buy -