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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.
With backing from two large U.S. private equity funds, Haier made a bid to acquire U.S. appliance maker Maytag for $1.28 billion. The bid failed and Maytag was bought by Whirlpool for $1.7 billion. [23] On April 1, 2006, Whirlpool completed its acquisition of Maytag Corporation.
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]
KitchenAid is an American home appliance brand owned by Whirlpool Corporation.The company was started in 1919 by The Hobart Manufacturing Company to produce stand mixers; the H-5 is the first model that was introduced.
The Jenn-Air brand was acquired by Maytag Corporation in 1982 which was subsequently purchased by Whirlpool Corporation in 2006.. At the Architectural Digest Design Show in New York City in 2018, Whirlpool announced that the hyphen would be removed from JennAir's name. [4]
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.
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Lampert revised his offer to buy Kenmore in August 2018 for $400 million and without Sears' Home Services division. [12] On October 14, 2018, Sears' parent company Sears Holdings filed for chapter 11 bankruptcy protection leaving the future of the Kenmore brand undecided.