Home > M&A deals 1999 > United Technologies Corp. acquires Electrolux -Commercial Refrigeration Business
Divestiture · Electrical Equipment · November 1999

United Technologies Corp. acquires Electrolux -Commercial Refrigeration Business

On November 19, 1999, United Technologies Corp. acquired Electrolux -Commercial Refrigeration Business, an electrical equipment company in Sweden, from AB Electrolux.

Deal at a glance

AnnouncedNovember 19, 1999 TypeDivestiture TargetElectrolux -Commercial Refrigeration Business Buyer United Technologies Corp. Seller AB Electrolux SectorElectrical Equipment LocationSweden ValueNot disclosed

Target company

Electrolux -Commercial Refrigeration Business
Sweden
Electrical Equipmentsector
-founded
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Buyer

Company · 22 deals on record
  • 1st transaction in electrical equipment
  • 1st transaction in Sweden
22deals, all time
1in this sector
2019latest

Seller

Company · 25 deals on record
25investments
4in this sector
8exits

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Questions about this deal

Who acquired Electrolux -Commercial Refrigeration Business?United Technologies Corp. acquired Electrolux -Commercial Refrigeration Business on November 19, 1999.

Who sold Electrolux -Commercial Refrigeration Business?AB Electrolux was the seller.

What type of deal was it?It was a divestiture in the electrical equipment sector in 1999.

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