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Electrolux acquires Anova Culinary for $250 million · Endata

◂ Announcements

Feb 6, 2017ACQUISITIONUnited States

Electrolux acquires Anova Culinary for $250 million

Electrolux acquired Anova Culinary, a sous vide cooking appliance company, for $250 million. Anova will keep its branding and remain under current CEO Stephen Svajian as a division within Electrolux.

Value

$250.0M

Status

Completed

Productssous vide immersion circulatorsprecision oven

CompaniesElectrolux acquirer Anova Culinary target

Sectors#Industrial Machinery

“Anova Culinary announced on Sunday that it had finalized a $250 million dollar deal to be acquired by Electrolux”theverge.com

1 source
theverge.comSous vide Kickstarter success Anova gets bought for $250 million by Electrolux | The VergeChaim GartenbergFeb 6, 2017

Summarized from public sources; check the original articles before acting on it.

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