Haier Smart Home Acquires Kwikot (Electrolux South Africa)

LG Electronics Acquires 80% Stake in Athom (Homey)

July 3, 2024

Consumer Products

LG Electronics has acquired an 80% stake in Dutch smart-home company Athom, maker of the Homey smart home hub, with plans to buy the remaining 20% within three years. LG will integrate Athom's Homey platform into its ThinQ ecosystem to expand third-party connectivity and AI-enabled home capabilities; Athom will continue to operate independently and its founders will remain as executives. Financial terms were not disclosed.

Schneider Electric Acquires WattBuy to Accelerate Residential Electrification

August 21, 2025

Energy

Schneider Electric has acquired WattBuy, a U.S.-based software platform that provides personalized energy insights and electrification solutions for homeowners. The deal brings WattBuy's API-first intelligence engine into Schneider's prosumer portfolio—alongside EnergySage and Qmerit—to deliver an integrated end-to-end residential electrification experience.

Laars Heating Systems (Bradford White) Acquires Electro Industries

January 4, 2024

Manufacturing

Laars Heating Systems, a subsidiary of Bradford White Corporation, has acquired Electro Industries, Inc., a Monticello, Minnesota manufacturer of electric boilers, heat pumps, duct heaters and controls. The acquisition adds Electro Industries' electric space heating products and Monticello manufacturing facility to Laars' residential, commercial and industrial heating portfolio to support growing electrification demand.

The Legacy Companies Acquires Kalorik Product Lines from Team International Group of America

January 9, 2024

Consumer Products

The Legacy Companies has acquired the electric countertop appliance product line and the non-electric kitchen smallwares and utensils product line of Team International Group of America, Inc. d/b/a Kalorik in an asset purchase. The acquisition broadens Legacy’s portfolio in the countertop appliance market, adding Kalorik’s touchscreen-enabled appliances and providing cross-selling and account-expansion opportunities; terms were not disclosed.

Southern Home Services Acquires Elite Electric, Plumbing & Air

August 14, 2024

Industrial Services

Southern Home Services has acquired Elite Electric, Plumbing & Air, a Port St. Lucie-based residential plumbing, HVAC and electrical services provider. The deal strengthens Southern Home Services' contiguous Florida footprint along the I-95 corridor and will allow Elite to remain branded locally while benefiting from Southern's resources to support growth and employee retention.

Rehlko Acquires The Wilmott Group

August 4, 2025

Energy

Rehlko has completed the acquisition of The Wilmott Group, a U.K.-based supplier of critical back-up power solutions, to expand its EMEA operations. The deal integrates WB Power Services and Wiltech Acoustics into Rehlko, strengthening the company's engineering, manufacturing and service capabilities to better serve data centers, healthcare, education and other mission-critical sectors across the region.