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In 2014, Whirlpool Corporation agreed to pay 758 million euros to buy a 60% stake in Indesit and its owner Hotpoint, which was a market leader in Italy, the United Kingdom and Russia, from the Merloni family to further expand outside its U.S. home market. [9] Following the buyout, Indesit was delisted from Borsa Italiana on 3 December of that year.
Hotpoint is a brand of domestic appliances.Ownership of the brand is split between American company Whirlpool, which has the rights in Europe, [1] Chinese company Haier, which has the rights in the Americas and Turkish company Arcelik which has rights in Russia and the CIS.
Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances headquartered in Benton Charter Township, Michigan, United States. [2] In 2023, the Fortune 500 company had an annual revenue of approximately $19 billion in sales, around 59,000 employees, and more than 55 manufacturing and technology research centers globally.
In 1997, the company was purchased by Goodman Global (now part of Daikin North America), a heating-and-cooling manufacturer which sold it to Maytag (now part of Whirlpool) in 2002. [2] Goodman still owns Amana's air conditioner and furnace division, and Amana home appliances are now owned and manufactured by the Whirlpool Corporation. [3]
A decade-old quote by Donald Trump, Jr. resurfaced in a New York Times column over the weekend. "In terms of high-end product influx into the US, Russians make up a pretty disproportionate cross ...
Pages for logged out editors learn more. Contributions; Talk; Whirlpool (company) Add languages. Add links. Article; ... Whirlpool Corporation; Retrieved from "https: ...
Bauknecht Hausgeräte GmbH, commonly referred as Bauknecht, was one of Germany's leading manufacturers of household appliances, and since 1989 has been a brand of Whirlpool Corporation. The headquarters of the company was in Schorndorf in Baden-Württemberg until 2006 when it relocated to Stuttgart .
A hack that caused a small Texas town’s water system to overflow in January has been linked to a shadowy Russian hacktivist group, the latest case of a U.S. public utility becoming a target of ...