Announced

1847 Goedeker to acquire Appliances Connection for $210m.

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.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US