Neato Robotics Acquired By Vorwerk Group
Neato Robotics has been acquired by Germany-based Vorwerk Group in an effort to further expand into the home robotic vacuum market. Terms of the transaction were not disclosed.
Neato Robotics has been acquired by Germany-based Vorwerk Group in an effort to further expand into the home robotic vacuum market. Terms of the transaction were not disclosed.
NACCO Industries’ spinoff of Hamilton Beach continues, as the former has declared a stock dividend of one share of Hamilton Beach Class A and Class B stock for each share of NACCO Class A or Class B stock.
Keurig has expanded its assortment of single-serve coffeemakers with the launch of its K-Select brewer.
KitchenAid is expanding its assortment of high-end blenders with the debut of its new High Performance Series Blender, which allows consumers to make a variety of food ranging from soups and smoothies to sauces and dips.
Pelican Water Systems has launched educational resources on its website dedicated to educating consumers on the various water filtration products available today.
Fagor America has expanded its assortment of induction cooktops with the debut of the Eclipse Induction Set.
Spectrum Brands is partnering with China e-commerce giant JD.com to bring several of the former’s brands to the Chinese marketplace.
StoreBound has launched the Dash Rapid Cold Brew System via an Indiegogo campaign. According to the company, the appliance is designed to cut brewing time from 12 to 72 hours to only five minutes.
Costco posted strong comp sales in August, both in the U.S. and international markets, and its e-commerce operation also continued to grow.
Lasko Products has packaged and shipped 1,000 fans to the Evelyn Rubenstein Jewish Community Center in Houston to help in the aftermath of Hurricane Harvey.