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Haier Smart Home Intends to Acquire Electrolux South Africa's Water Heater Business
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- Author(s): PR Newswire
- Source:
PR Newswire US. 07/18/2024.
- Additional Information
- Alternate Title:
Haier-Smart-Home-ESA
- Subject Terms:
- Abstract:
QINGDAO, China, July 18, 2024 /PRNewswire/ -- On 18thJuly 2024, Haier Smart Home entered into the transaction with Electrolux Group in Sweden to acquire 100% equity interest in Electrolux South Africa Proprietary Limited ("ESA"), its subsidiary engaging in water heater business in South Africa, for an enterprise value of ZAR 2.45bn (approx. RMB 980m). [ABSTRACT FROM PUBLISHER]
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