Stratrix
On the Record · Whirlpool

Whirlpool acquisitions, on the record

The businesses Whirlpool bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
European major domestic appliance business and Middle East and North Africa business
Word for word“In 2023, we entered into the contribution agreement with Arçelik to contribute our European major domestic appliance business into a newly formed European appliance company and into a separate agreement for the sale of the Middle East and North Africa business, and expect to close both transactions by April 2024.” 10-K for 2023
agreed divestiture2023—
InSinkErator business from Emerson Corporation
Word for word“The Company utilized proceeds from the term loan facility on a delayed draw basis to fund a majority of the $ 3.0 billion purchase price consideration for the Company’s acquisition from Emerson Corporation (“Emerson”) of Emerson’s InSinkErator business, as set forth in the Asset and Stock Purchase Agreement between Whirlpool and Emerson dated as of August 7, 2022 (the “Acquisition Agreement”).” 10-K for 2023
agreed acquisitionAugust 7, 2022$ 3.0 billion
Russian business
Word for word“On August 31, 2022, we completed the sale of our Russian business to Arcelik and recorded a loss on disposal.” 10-K for 2023
divestitureAugust 31, 2022—
additional 38 % equity interest in Elica PB India
Word for word“On September 27, 2021, Whirlpool India entered into a share purchase agreement to acquire an additional 38 % equity interest in Elica PB India for $ 57 million, which resulted in a controlling equity ownership of 87 %.” 10-K for 2023
acquisitionOn September 27, 2021$ 57 million
Turkish subsidiary
Word for word“On June 30 2021, we completed the sale of our Turkish subsidiary and incurred a loss of $164 million in the second quarter of 2021.” 10-K for 2023
divestitureJune 30 2021—
Embraco
Word for word“For example, we agreed to retain certain liabilities relating to Embraco antitrust, tax, environmental, labor and products in connection with the Embraco sale in 2019.” 10-K for 2023
divestiture2019—
European major domestic appliance business (contributed to Beko Europe with Arcelik)
Word for word“In 2024, we completed a transaction to contribute our European major domestic appliance business into a newly formed company with Arcelik.” 10-K for 2024
divestitureIn 2024—
Middle East and North Africa business (sold to Arcelik)
Word for word“Additionally, we sold our Middle East and North Africa business to Arcelik.” 10-K for 2024
divestiture——
Brastemp-branded water filtration subscription business
Word for word“We recorded a gain of $34 million during the third quarter of 2024 related to the sale of the our Brastemp-branded water filtration subscription business related to our portfolio transformation.” 10-K for 2024
divestitureduring the third quarter of 2024—
Russia business (sold to Arcelik)
Word for word“On August 31, 2022, we completed the sale to Arcelik.” 10-K for 2024
divestitureOn August 31, 2022, we completed the sale to Arcelik.—
InSinkErator business from Emerson Electric Co.
Word for word“On August 7, 2022, the Company entered into an Asset and Stock Purchase Agreement (the “Purchase Agreement”) with Emerson Electric Co. (“Emerson”) to purchase Emerson’s InSinkErator business, a manufacturer of food waste disposers and instant hot water dispensers for home and commercial use, for a purchase price of $ 3 billion in cash, subject to customary adjustments.” 10-K for 2024
acquisition—$ 3 billion in cash, subject to customary adjustments
additional 10% equity interest in Elica PB India
Word for word“Elica PB India is consolidated in Whirlpool Corporation's financial statements and reported within our MDA Asia reportable segment.” 10-K for 2024
acquisition——
reduction of ownership in Whirlpool India from 75% to 51%
Word for word“The sale, which was accounted for as an equity transaction, reduced Seller's ownership in Whirlpool India from 75 % to 51 %, and generated proceeds of $ 462 million on settlement.” 10-K for 2024
divestiture—proceeds of $ 462 million on settlement
European major domestic appliance business (contributed to Beko Europe)
Word for word“In 2024, we completed a transaction to contribute our European major domestic appliance business into a newly formed company with Arcelik.” 10-K for 2025
divestitureIn 2024—
Middle East and North Africa business
Word for word“In April 2024, we closed the sale of our MENA major domestic appliance business and also contributed our European major domestic appliance business to Beko Europe, while retaining a 25% interest in Beko Europe.” 10-K for 2025
divestitureApril 2024—
Operations in Russia
Word for word“For example, in 2022, we divested our operations in Russia and acquired our InSinkErator business from Emerson Electric Co.” 10-K for 2025
divestiture2022—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2019-12-31$0
2020-12-31$0
2021-12-31$46 million
2022-12-31$3 billion
2023-12-31$14 million
2024-12-31$0
2025-12-31$0

Deal filings since 2016

Read from Whirlpool’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-11. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.