Deal announced Aug 2022 · Mount Pleasant, Wisconsin, USA Verified
Whirlpool to acquire InSinkErator from Emerson Electric for $3 billion
Whirlpool Corp. entered a definitive agreement to acquire InSinkErator, a maker of food waste disposers and instant hot water dispensers, from Emerson Electric Co. in an all-cash transaction for $3 billion. The deal was expected to close in Q4 2022, subject to regulatory approvals.
“Whirlpool Corp. announced that it has entered into a definitive agreement with Emerson Electric Co. to acquire InSinkErator, a manufacturer of food waste disposers and instant hot water dispensers for home and commercial use, in an all-cash transaction for $3 billion.”
Entities
Emerson Electric Co. · Parent InSinkErator · Target Whirlpool Corp. · Acquirer
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