Haier Smart Home Acquires Kwikot (Electrolux South Africa)

Arçelik Sells Stake in Arçelik Hitachi Home Appliances (AHHA) to Hitachi Global Life Solutions

April 21, 2026

Manufacturing

Arçelik has signed a definitive agreement with Hitachi Global Life Solutions to divest its 60% stake in Arçelik Hitachi Home Appliances (AHHA). The deal consideration is USD 205 million in cash at closing plus USD 56 million deferred over three years, with an additional closing adjustment tied to 60% of AHHA cash exceeding USD 56 million.

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.

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.

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.

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.

Actuant Acquires Kwikee Products Company

June 16, 2014

Manufacturing

Actuant Corporation (NYSE:ATU) has acquired Kwikee Products Company, a Cottage Grove, Oregon-based maker of actuation and storage systems for the North American recreational vehicle market, in an asset purchase valued at approximately $30 million. Kwikee, which employs about 115 people across Oregon and Indiana and generated roughly $24 million trailing twelve-month sales, will operate within Actuant's Engineered Solutions segment and be combined with Actuant's Power Gear business to capture product and customer synergies.