Flexible Electronics News

Emerson to Sell InSinkErator Business to Whirlpool Corporation for $3 Billion

InSinkErator’s trailing 12-month revenue, as of March 31, 2022, was $595 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Emerson announced an agreement to sell its InSinkErator® business to Whirlpool Corporation for $3 billion. InSinkErator’s trailing 12-month revenue, as of March 31, 2022, was $595 million, pretax earnings were $148 million and EBITDA was $166 million, representing a transaction value of 18.1x EBITDA. The sale of InSinkErator represents a step in Emerson’s continued commitment to creating a higher growth, more diversified and cohesive portfolio. InSinkErator, the world’s largest manufacture...

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