Whirlpool acquires Indesit and Hotpoint
Whirlpool acquired a controlling stake in Indesit, taking Hotpoint in Europe with it and becoming the largest appliance manufacturer on the continent. The Hotpoint name belongs to a different company in North America, a legacy of the original business being split between British and American owners.
- Value
- Undisclosed
- Buyer
- Whirlpool
- Seller
- —
- Regulatory
- None recorded