STOCKHOLM: Electrolux AB agreed to acquire sous vide-cooker maker Anova for as much as US$250mil as the Swedish maker of Frigidaire refrigerators and AEG ovens seeks to expand in the area of smart appliances.
Electrolux will pay US$115mil up front and as much as US$135 mil at a later date depending on financial performance, the Stockholm-based company said in a statement.
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