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Vacuum cleaner maker SharkNinja up for sale: sources

Published Tue, Apr 18, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

New York

SHARKNINJA Operating LLC, the privately held US manufacturer of Ninja blenders and Shark vacuum cleaners, is exploring a sale that it hopes will value it at more than US$1.5 billion including debt, people familiar with the matter said on Monday.

A sale would be a key test of the company's brand, which it has developed through advertising on several television shopping networks. Private-equity firms are among those that have expressed interest in SharkNinja, according to the sources.

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