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 ...
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 ...
Small compressor giant Embraco has unveiled the first oil-free compressor for domestic refrigerators in the world. The firm said it believes the new concept “will revolutionize residential ...
Rebecca McClay has 10+ years of experience writing and editing content. Rebecca is an expert in personal finance, business, and financial markets. She received her master's in business journalism from ...
Whirlpool Corp.WHR3.29%increase; up pointing triangle on Tuesday said it agreed to sell its Embraco compressor business to Japan’s Nidec Corp. 6594-4.18%decrease; down pointing triangle for $1.08 ...
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