Mon, May 18, 3:28 PM
- Whirpool (WHR +0.5%) acquires privately-held American Dryer Corporation for an undisclosed amount.
- American Dryer Corporation manufactures washing machines for commercial uses.
- Whirlpool expects to close on the deal within the next couple of weeks and integrate ADC into its business over the rest of the year.
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WHR vs. ETF Alternatives
Whirlpool Corp is a manufacturer and marketer of home appliances. It produces and sells washers, dryers, refrigerators, air conditioners, dishwashers, freezers, microwave ovens, ranges, air purifiers, and other typical household appliances.
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