BENTON HARBOR, Mich. — Whirlpool Corp. announced it has entered into an agreement to sell the company's Embraco compressor business to Nidec Corp. for a cash purchase price of $1.08 billion, subject ...
Description: The Embraco Atom is a compact variable-speed compressor for residential applications on the market. Weighing just 5.5 pounds and measuring less than 4.4 inches, it is 30% lighter than ...
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Whirlpool Corp.WHR1.00%increase; green up pointing triangle on Tuesday said it agreed to sell its Embraco compressor business to Japan’s Nidec Corp. 6594 0.04%increase; green up pointing triangle for ...
In a $1.08 billion cash deal, Whirlpool (WHR) struck a deal to divest its compressor business, Embraco, to Nidec Corp., a company based in Japan. Embraco is B2B, and Whirlpool believes the transaction ...
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Japanese company Nidec can take over Embraco, a producer of refrigeration compressors situated in Spišská Nová Ves (Košice Region). The European Commission has approved the acquisition, but with ...
After months of in-depth investigation by the European Commission (EC) and commitments to be met, the Japanese firm Nidec Corporation completed the acquisition of Embraco, a Brazilian producer of ...
(Reuters) - Home appliance maker Whirlpool Corp said on Tuesday it agreed to sell its Embraco compressor business to Japan's Nidec Corp <6594.T> for $1.08 billion in cash as it focuses on its consumer ...