# EU Commission conditionally approves Nidec's acquisition of Whirlpool's Embraco compressor business

The European Commission approved Nidec's proposed acquisition of Whirlpool's Embraco refrigeration compressor business, conditional on Nidec's divestment and investment commitments. The purchase price was $1.08 billion, agreed on 24 April 2018.

- Type: Regulation
- Announced: 2019-04-15
- Where: Brazil
- Value: $1.08B
- Status: announced
- Products: refrigeration 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

- [nasdaq.com](https://www.nasdaq.com/articles/european-commission-conditionally-approves-nidecs-acquisition-embraco-2019-04-15), 2019-04-15: "The Commission's decision is conditional on full compliance with the commitments."

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