Aug. 11, 2022
Whirlpool To Acquire InSinkErator
Whirlpool Corporation will acquire InSinkErator, a manufacturer of food waste disposer and hot water dispensers, from Emerson Electric Co. The acquisition is expected to be immediately accretive to Whirlpool’s margins due to InSinkErator's market share, the strong underlying secular tailwinds of the U.S. housing market, and the expansion of the InSinkErator brand into new markets and product offerings. The acquisition is expected to close in the fourth quarter of 2022.