NEWS
Samsung Electronics America to Acquire Dacor as an Expansion to Home Appliance Portfolio
August 12, 2016
Seoul – Paul Hastings LLP, a leading global law firm, announced today that it represented Samsung Electronics in its acquisition of Dacor, a leading American brand in the luxury home appliance category. Through the acquisition, Samsung, an industry-recognized leader in the home appliance market, will expand its portfolio to premium and innovative home appliances under the Dacor brand.
Paul Hastings has represented Samsung Electronics in previous acquisitions and dispositions, including its acquisition of the mobile connectivity and location technology business of CSR Plc and the sale of its fiber optics business to Corning Inc.
The Paul Hastings team was led by Seoul-based corporate partners Woojae Kim and Daniel Kim, and associate Albert Nah with support from employment partner Stephen Harris and associate Larry Levendosky, tax partner Douglas Schaaf, and antitrust partner Scott Hataway and associate Michael Wise.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.
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Becca Hatton