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Acquiring Company
Whirlpool
Acquired Company
KitchenAid
Description
Whirlpool Corporation acquired the KitchenAid brand from Hobart in the 1980s, effectively enhancing its product offerings. The acquisition, initially announced in January 1985, faced legal challenges but was finalized the following year. KitchenAid has since become a leading name in kitchen appliances, particularly known for its stand mixers. Today, it continues to produce a variety of both small and large kitchen appliances.
Related People
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed