M&A Deal Summary

Whirlpool Acquires Maytag

On August 22, 2005, Whirlpool acquired consumer products company Maytag for 2.7B USD

Acquisition Highlights
  • This is Whirlpool’s 2nd transaction in the Consumer Products sector.
  • This is Whirlpool’s 2nd largest (disclosed) transaction.
  • This is Whirlpool’s 2nd transaction in the United States.
  • This is Whirlpool’s 2nd transaction in Michigan.

M&A Deal Summary

Date 2005-08-22
Target Maytag
Sector Consumer Products
Buyer(s) Whirlpool
Deal Type Add-on Acquisition
Deal Value 2.7B USD
Advisor(s) Lazard (Financial)
Wachtell, Lipton, Rosen & Katz
Cleary Gottlieb Steen & Hamilton (Legal)

Target

Maytag

Benton Harbo, Michigan, United States
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.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 3 of 9
Sector: Consumer Products M&A 2 of 6
Type: Add-on Acquisition M&A Deals 2 of 5
State: Michigan M&A 2 of 2
Country: United States M&A 2 of 5
Year: 2005 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-01 Whirlpool - Embraco Compressor

Brazil

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

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-07 ACP

Cedar Rapids, Iowa, United States

ACP, Inc. is a manufacturer of commercial microwaves, steamers, and combination ovens.

Sell $49M