ST. LOUIS – Emerson (NYSE: EMR) today announced it has completed the previously announced sale of its InSinkErator® business to Whirlpool Corporation (NYSE: WHR) for $3.0 billion.
InSinkErator, the world’s largest manufacturer of food waste disposers and instant hot water dispensers for home and commercial use, was founded in 1938 and acquired by Emerson in 1968. Whirlpool Corporation, a leader in the home appliance industry, is well positioned to build on InSinkErator’s strong legacy and performance for long-term growth and success.