Announced
Financials
Tags
Friendly
United States
Majority
online retailer
Pending
E-commerce
Domestic
Single Bidder
Acquisition
Private
household appliances
Synopsis
1847 Goedeker, an e-commerce destination for appliances, furniture, home goods, and related products, agreed to acquire Appliances Connection, a retailer of household appliances in the US, for $210m. “Our highly efficient nationwide delivery and installation operation and our strong presence in the northeastern United States provides us with important competitive advantages. I look forward to working closely with the Goedeker’s team to continue to scale the business, increase profits and make Goedeker’s the most profitable online appliance retailer in the nation,” Albert Fouerti, Appliances Connection CEO.
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