Whirlpool, an American multinational manufacturer and marketer of home appliances, completed the acquisition of InSinkErator, a manufacturer of food waste disposers and instant hot water dispensers for home and commercial use, from Emerson Electric, a global technology and engineering company, for $3bn. "We are excited for the unique opportunity to add InSinkErator to our portfolio of leading brands. The acquisition is a clear accelerator of our ongoing portfolio transformation and aligned with our stated goals of investing in high-growth and high-margin businesses and Win Americas. InSinkErator is not only an iconic brand with a reputation for the highest quality and performance, but also a business that is purpose-driven and shares our vision of improving life at home. We look forward to capitalizing on the significant growth opportunities we see for this business," Marc Bitzer, Whirlpool Chairman and CEO.