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Recent Articles

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Whirlpool enters agreement to acquire Emerson Electric's InSinkErator, a manufacturer of food waste disposers and instant hot water dispensers for home and commercial use, in an all-cash transaction of US$3.0B; transaction is expected to close in Q4

Diversey Europe enters exclusive distribution agreement for LG's commercial washers and dryers in the UK and Ireland markets; agreement combines LG's laundry technologies with Diversey's chemical, dispensing and engineering solutions

Amazon to acquire consumer robotics company iRobot in US$1.7B all-cash deal, including net debt; Colin Angle will remain as CEO of iRobot upon completion

Newell Brands reports Q2 net income of US$204M, up 3.6% from year-ago income of US$197M; net sales down 6.5% to US$2.5B, including impact from Q1 sale of Connected Home & Security business, home appliances unit core sales down 4%, home solutions down 8.5%

ConnectDER supplying Siemens with proprietary plug-in adapter that allows EV charging directly from home meter socket, saving 60% to 80% in charger installation costs; nearly half of US homes need upgrades to install typical Level 2 chargers

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