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Kelvinator began buying Leonard's boxes for its electric refrigerated models. By 1923, the Kelvinator Company held 80% of the American market for electric refrigerators. [2] On July 3, 1925, Kelvinator bought Nizer Corporation in a tri-party merger valued at $20 million. [5] In 1926, the company acquired Leonard, which had been founded in 1881.
Kelvinator consumer products, before and after the merger with Nash, were considered an upmarket brand of household appliances. In 1954, Nash-Kelvinator acquired Hudson Motor Car Company of Detroit, Michigan, in what was called a mutually beneficial merger that formed the American Motors Corporation. It was the largest corporate consolidation ...
The Nash-Kelvinator/Hudson deal was a straight stock transfer (three shares of Hudson listed at 11 + 1 ⁄ 8, for two shares of American Motors and one share of Nash-Kelvinator listed at 17 + 3 ⁄ 8, for one share of American Motors) and finalized in the spring of 1954, forming the fourth-biggest auto company in the U.S. with assets of US$355 ...
Mason accepted, but placed one condition on the job: Nash would acquire controlling interest in Kelvinator, which at the time was the leading manufacturer of high-end refrigerators and kitchen appliances in the United States. As of 4 January 1937, the resulting company was known as Nash-Kelvinator. As a brand name, Nash continued representing ...
Leonard merged with Kelvinator in 1926. The Leonard brand of appliances continued to be sold exclusively through Leonard dealers, as well as through Canadian and English dealers. The Leonard brand of appliances continued to be sold exclusively through Leonard dealers, as well as through Canadian and English dealers.
The following is an incomplete list. Americas Anova ... Kelvinator, an air conditioning and fridge freezer brand sold in Australia, India and elsewhere [50]
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