# Arçelik completes acquisition of Whirlpool's Russian business

Arçelik Anonim Sirketi completed the acquisition of Whirlpool Corporation's Russian business, including a manufacturing site in Lipetsk and sales operations, for approximately €220 million on August 31, 2022.

- Type: Acquisition
- Announced: 2022-08-31
- Where: Lipetsk, Russia, Russia
- Value: $220.0M (220.0M EUR)
- Status: completed
- Products: home appliances

## Companies

- [Whirlpool](https://endata.com/companies/3203.md) (target)
- [Arçelik Group](https://endata.com/companies/20689.md) (acquirer)
- [Whirlpool EMEA](https://endata.com/companies/65013.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/ARCELIK-ANONIM-SIRKETI-6494481/news/Arcelik-Anonim-Sirketi-completed-the-acquisition-of-Russian-business-of-Whirlpool-Corporation-from-42068918/), 2022-08-30: "Arçelik Anonim Sirketi completed the acquisition of Russian business of Whirlpool Corporation from Whirlpool EMEA S.p.A. on August 31, 2022."

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