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"Samsung Electronics has acquired US home appliance maker Dacor in its recent upscale push to appeal to luxe customers especially in the soaring built-in market in North America. Even though the Korean tech giant didn’t reveal the deal size, industry sources estimate it to be worth about US$150 million. The company said Dacor will become a wholly owned unit of US subsidiary Samsung Electronics America, adding that t...", nwww.koreaherald.com
"Samsung Electronics America today announced it has entered into a definitive agreement to acquire Dacor®, a leading American brand in the luxury home appliance category. The acquisition marks Samsung’s continued investment in the home appliance market and an expansion of its portfolio to include ultra-premium", finance.yahoo.com
"South Korea's tech giant Samsung Electronics Co. on Thursday said it has signed a contract to acquire a U.S. premium kitchen appliance maker, Dacor, in a move to bolster Samsung's presence in the American luxury home-appliance market. The financial terms of the contract were not revealed, but Yoon Boo-keun, head of Samsung's consumer electronics business, said the deal allows Samsung to own a luxury brand that 'gets ...", www.koreaherald.com
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