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Electrical refrigerators were introduced in 1918, and by 1925, Leonard was building one out of every five refrigerators produced in the United States, which amounted to 1000 refrigerators per day. [1] Leonard merged with Kelvinator in 1926. The Leonard brand of appliances continued to be sold exclusively through Leonard dealers, as well as ...
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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
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