Mueller Industries and Atlas Holdings to Acquire Tecumseh Products Co.

Tecumseh Products Co., a manufacturer of refrigeration and air conditioning compressors, entered into a definitive merger agreement to be acquired by an affiliate of Mueller Industries Inc. and Atlas Holdings LLC in a transaction valued at approximately $123 million, including assumed net debt. The deal will take Tecumseh private, delisting it from NASDAQ.

“Tecumseh Products Co., a leading manufacturer of refrigeration and air conditioning compressors, announced that it has entered into a definitive merger agreement under which an affiliate of Mueller Industries Inc. and Atlas Holdings LLC will acquire Tecumseh in a transaction valued at approximately $123 million, including the assumption of net debt.”

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