Tag Archives: Electrolux

GE Sells Appliance Unit to Chinese Firm, Haier

$5.4 Billion Sale Follows Failed Deal With Electrolux General Electric has announced the sale of its appliance division to the Chinese firm, Haier for 5.4 billion dollars. The sale includes GE's 48% share of Mabe, a Mexican based appliance firm. … Continue reading

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U.S. Sues to Stop Electrolux – GE Appliance Merger

FEDS Sue to Stop Electrolux Deal with GE Appliances In a shocking move, the U.S. Department of Justice filed a lawsuit yesterday seeking to prevent the 3.3 billion dollar sale of the GE Appliance business to Electrolux. According to Chris … Continue reading

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GE Attempt at Deception Doesn’t Fool Anyone

Shocking Overstatement by GE in Leading Trade Magazine   The Nov. 2014 Retail Observer has a two-page GE ad/editorial pronouncing- “GE Appliances is committed as ever to serving our customers and helping them grow their business.” They must be kidding. … Continue reading

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U.S. Appliance Manufacturer Selling Out

Giant appliance company gets bigger General Electric, the company that invented the electric toaster back in 1909, is now the second largest manufacturer of major appliances in the U.S. GE recently announced the sale of its appliance division to another … Continue reading

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Who will buy GE’s appliance division?

GE Appliance Division For Sale General Electric has confirmed that they are in talks with Electrolux and others for the sale of GE’s Appliance division. At 8.3 billion dollars in annual sales (includes appliances and lighting), the numbers are not … Continue reading

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Review of KBIS – IBS 2014 Major Appliance Exhibits

Design and Construction Week 2014 International Builder Show and Kitchen and Bath Show In 2014 for the first time IBIS, the International Builder Show, “co-hosted” and shared their exhibit space with KBIS, the Kitchen and Bath Industry Show. On Feb. … Continue reading

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How European Appliance Brands Started in the U.S.

The Ugly Truth About European Appliances in the U.S. We all know about the influence high end European appliances have had in the U.S., but few of us know “the rest of the story” about the struggles of European appliances … Continue reading

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