backKing & Spalding is advising Electrolux Group in connection with three joint ventures with Midea Group, a global smart home solutions and commercial and industrial solutions provider, to establish a highly complementary long-term strategic partnership in Food Preservation (refrigeration) and Fabric Care (laundry) in North America.
The partnership is designed to support long-term profitable growth and will contribute to Electrolux Group’s overarching efforts to transform the business in North America.
The partnership is expected to commence in the third quarter of 2026 and will aim to create a stronger platform for innovation, product development, and deliver value to customers and consumers in North America.
The King & Spalding team advising Electrolux includes Justin King, Hillyer Jennings, Chaniece Mulligan, Elizabeth Allan, Delarin Ukhuegbe, Milind Mishra, and Yuhan Liu.
A press release announcing the transaction can be found here.