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 ...

Whirlpool Corp.WHR-1.25%decrease; red down pointing triangle on Tuesday said it agreed to sell its Embraco compressor business to Japan’s Nidec Corp.6594 3.23%increase; green up pointing triangle for ...

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in ...

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 ...

Compressors were very much at the center of innovation at the 2026 AHR Expo. From new designs optimized for low-GWP refrigerants to advancements aimed at efficiency, reliability, and performance, ...

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 ...

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 <WHR.N> 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 ...