Whirlpool Completes Purchase Of American Dryer Corporation

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Whirlpool (WHR) Announces Completion of American Dryer Corporation Acquisition

July 6, 2015 6:52 AM EDT

Whirlpool (NYSE: WHR) has completed its purchase of American Dryer Corporation (ADC), a privately held company that manufactures and markets coin-operated, on-premise, industrial and specialty laundry equipment.

The acquisition gives Whirlpool Corporation's commercial laundry business a platform to reach new countries and channels, while... More