BENTON HARBOR, Mich. — Whirlpool Corp. announced it has entered into an agreement to sell the company's Embraco compressor business to Nidec Corp. for a cash purchase price of $1.08 billion, subject ...

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Small compressor giant Embraco has unveiled the first oil-free compressor for domestic refrigerators in the world. The firm said it believes the new concept “will revolutionize residential ...

With steel structures arriving on site and around 100 workers in the field, the new plant of Nidec Global Appliance will create 1,500 job positions when fully operational JOINVILLE, Brazil, May 11, ...

In a $1.08 billion cash deal, Whirlpool (WHR) struck a deal to divest its compressor business, Embraco, to Nidec Corp., a company based in Japan. Embraco is B2B, and Whirlpool believes the transaction ...

Embraco is the world market leader in hermetic compressors for refrigeration – the main component responsible for producing cold in the refrigeration system. With global operations and an annual ...

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After months of in-depth investigation by the European Commission (EC) and commitments to be met, the Japanese firm Nidec Corporation completed the acquisition of Embraco, a Brazilian producer of ...

Whirlpool Corp.WHR2.10%increase; up pointing triangle on Tuesday said it agreed to sell its Embraco compressor business to Japan’s Nidec Corp. 6594 5.71%increase; up pointing triangle for $1.08 ...

(Reuters) - Home appliance maker Whirlpool Corp (WHR.N) said on Tuesday it agreed to sell its Embraco compressor business to Japan's Nidec Corp The deal, which does not include Embraco's Italy ...

(Reuters) - Home appliance maker Whirlpool Corp said on Tuesday it agreed to sell its Embraco compressor business to Japan's Nidec Corp <6594.T> for $1.08 billion in cash as it focuses on its consumer ...