# Nidec to acquire Whirlpool's Embraco compressor business for $1.08 billion

Nidec Corporation agreed to buy Whirlpool's Embraco compressor business for $1.08 billion in cash. The deal excludes Embraco Europe srl in Riva di Chieri, Italy, where Whirlpool plans to end production.

- Type: Acquisition
- Announced: 2018-04-24
- Value: $1.08B
- Status: announced
- Products: refrigerator compressors
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md) (acquirer)
- [Embraco](https://endata.com/companies/2194.md) (target)
- [Whirlpool](https://endata.com/companies/3203.md) (partner)

## Sources

- [fortuneita.com](https://www.fortuneita.com/2018/04/24/embraco-nidec-compra-societa-ma-non-attivita-italia/), 2018-04-24: "La giapponese Nidec Corporation ha raggiunto un accordo per acquistare da Whirlpool per 1,08 miliardi di dollari in contanti"
- [mynewsdesk.com](https://www.mynewsdesk.com/us/nidec/pressreleases/nidec-to-acquire-whirlpool-corporations-compressor-business-2486942), 2018-04-24: "Nidec Corporation announced today that its Board of Directors has approved a resolution to acquire the compressor business ("Embraco") of Whirlpool Corporation"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.