Whirlpool Completes American Dryer Acquisition

(RTTNews) - Whirlpool Corp. (WHR) said Friday that it has completed its acquisition of American Dryer Corp., a privately held company that manufactures and markets coin-operated, on-premise, industrial and specialty laundry equipment.

The deal was originally announced in May.

The acquisition gives Whirlpool's commercial laundry business a platform to reach new countries and channels, while building on a strong foundation of industry-leading innovation, quality, and service.

Whirlpool expects integration activities to happen throughout the balance of 2015.

American Dryer is headquartered in Fall River, MA and is home to about 230 employees, a 300,000 square foot manufacturing facility and state-of-the-art engineering and design center.