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

Manitowoc Wins Enodis Auction
Jul 1, 2008
 Printable format
 Email this Article
 Search
Manitowoc Co. won an auction to buy Enodis Plc with a bid of 1.21 billion pounds (approx. US$2.41 billion), beating out Illinois Tool Works Inc. Enodis has agreed to recommend Manitowoc's offer. The acquisition will yield savings of about $80 million a year by 2010, Manitowoc said. The company said the purchase will add to its earnings in 2009 and produce a positive return in excess of cost of capital in 2011. The transaction is likely to be completed in the fourth quarter, the company said.

Back to Daily News

 

Daily News

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

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

Oct 29, 2014: New home sales up slightly in September 2014

More Daily News>>

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

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

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 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