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Whirlpool Corporation (WHR)

  • 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.
    | Mon, May 18, 3:28 PM | Comment!
  • Jul. 11, 2014, 8:06 AM
    • Whirlpool (WHR) plans to buy a controlling interest in home appliance maker Indesit for more than $1B.
    • The company will purchase a 42.7% interest in Indesit from Fineldo and a 17.6% position from the Merloni family using existing cash and debt.
    | Jul. 11, 2014, 8:06 AM | Comment!
  • Aug. 13, 2013, 6:57 AM
    • Whirlpool (WHR) acquires a majority stake in Hefei Rongshida Sanyo Electric for 3.4B yuan ($552M).
    • The company says the deal to buy the Chinese electrical appliances maker will be completed by the end of 2014 and will be accretive in the first full year of integration.
    • PR
    | Aug. 13, 2013, 6:57 AM | Comment!
WHR vs. ETF Alternatives
Company Description
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.
Industry: Appliances
Country: United States