In a bit of a surprise move, it has been reported that Haier and Fagor have announced a cooperation agreement to establish a joint venture company, with the aim of setting an industry benchmark.
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Dixons Calls Time On Pixmania
As has been expected for some time Dixons has decided to let go of it’s loss making Pixmania venture and has managed to find a buyer for the struggling online retial operation.
Indesit Trials Smart Washing Machines
It has been reported that Indesit will begin trials of (we presume) a Hotpoint Aqualtis washing machine that will be installed in 150 UK homes to facilitate a shift towards low-carbon economy.
Integrated Fridges & Freezers
Integrated Refrigeration Things you should know before buying integrated fridges or freezers The premise is a fairly simple one for integrated appliances, you take a standard appliance and modify it to fit into a kitchen unit and allow a kitchen door to be fitted to the front of it. T…
Washing Machine Price War Heats Up
South Korea has launched a dispute at the World Trade Organization to complain about U.S. punitive tariffs on South Korean washing machines, the WTO said on Thursday.
Low Temperature Wash Revelations
The Daily Mail has published an article that offers evidence that low temperature washes, the 30˚C cycle is singled out, can allow bacteria to breed in washing machines.
Electrolux Halt Egyptian Production
Electrolux has halted all production in Egypt, where it has around 7,000 employees, due to increasing unrest in the country.
Gorenje To Be Listed
Slovenia’s home appliances maker Gorenje is carrying out preparations for a dual listing on the Warsaw Stock Exchange.
Whirlpool Buy Into Sanyo
Whirlpool is buying a majority stake in Chinese appliance maker Hefei Rongshida Sanyo Electric Co. Ltd. for about $552 (£412) million.
DAG Sold To CVC
Specialist warranty company Domestic & General has been snapped up in a £750 million joint takeover by private equity firm CVC and its own management.