bertuzzoni, a maker of home appliances and other home products, is selling to a buyer for $2.4 billion, according to the Wall Street Journal.
The deal is for the company, which was founded in 2006 and has been in the United States since 1998.
It has operations in five countries: India, the United Kingdom, Brazil, Mexico and the United Arab Emirates.
The company said it was acquiring Bertuzzoni because of the company’s “excellent reputation for quality and high-end service.”
Bertuzzini’s stock has risen almost 2% in the past month, making it one of the top-performing stocks in the Dow Jones Industrial Average.
The deal values the company at about $2 billion, and it will close in a few months.
The company has been selling home appliances as a way to reduce expenses and reduce costs.
The Bertuzzini line includes some of the most popular models, such as the new, energy-efficient, and stylish Bontenheim.
Bertazzini is known for its premium quality, according a company blog.
The home appliances range includes a range of “beautiful, stylish and elegant designs,” including a wide range of appliances designed to fit the personal needs of a family, the company said.