Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Salton Applica Merger Back On
Oct 3, 2007
 Printable format
 Email this Article
 Search

Appliance maker Salton Inc. has ironed out a merger agreement with APN Holding Co. (Applica) to create one of the largest publicly traded manufacturers of its kind. Under terms of the deal, APN Holding’s Applica Inc. will become a wholly owned subsidiary of Salton. In return, the two Harbinger Capital Partners investment funds that own APN will get 92% of Salton’s common stock.

The deal will bring Applica’s Black & Decker and Spacemaker brands under the same umbrella as Salton’s George Foreman, Faberware, and Toastmaster brands.

Financial terms were not disclosed. The deal, which requires shareholder approval, is expected to close by the end of January.

  

Back to Daily News

 

Daily News

...........................................................

Nov 21, 2014: Electrolux: new U.S. fridge efficiency requirements are more complex than anticipated

Nov 21, 2014: Whirlpool brand launches Perceptions of Care video

Nov 21, 2014: Hon Hai 3Q profit $1 billion

Nov 21, 2014: Environmental Product Declarations for aluminum product types released

Nov 20, 2014: Report: Drop in affluents' consumer confidence may foretell signal trouble ahead for some retailers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows