Whirlpool has received a nod from the China Securities Regulatory Commission (CSRC) to go ahead with its previously announced acquisition of 51% stake in Hefei Rongshida Sanyo Electric Co. Ltd.
Category: Domestic Appliance News
Domestic Appliance News
All the latest general news from the domestic appliance industry that we find all over the world, and stories that are of interest to the trade and public, often with our own unique non-politically correct spin on it.
We cover almost anything interesting to do with appliances or that affects the industry, including new product releases, scandals, recalls, mergers, takeovers and all the other juicy appliance news from around the world.
If you have a story to share, please let us know or contact us on admin@ukwhitegoods.co.uk or contact Kenneth here
Electrolux Looks To Buy More
Chief Executive Officer Keith McLoughlin has indicated to Bloomberg that the $3.3 billion acquisition of General Electric’s appliance business may not be the end of the company’s spending as he steps up the battle with rival Whirlpool.
Electrolux Buys GE Appliances
Electrolux is to buy General Electric’s household appliance business for $3.3bn (£2bn).
New Miele Beats Energy Rating
With its new flagship model washing machine, internally identified as the W1 Prestige, Miele is promising that customers will gain a unique combination of energy efficiency, cleaning performance, and user convenience.
New Candy Washing Machines
Candy has announced the launch of its brand new Grando Vita range of washing machines and washer dryers.
New Gorenje Fridge Freezers
Kitchen appliance manufacturer Gorenje is launching a fridge freezer it is hailing as one of the most versatile, colourful and energy efficient models in the UK.
De Dietrich Goes To KAL
We have learned that the distribution for the UK and Ireland for the De Dietrich brand is to move to the Dublin based KAL Group.
Fagor Production To Restart
The Commercial Court No. 1 in Spain, has awarded CNA Group with the assets of appliance maker Fagor Electrodomésticos who plans to take the Fagor business forward.
Electrolux To Buy GE?
The world’s second largest home appliances manufacturer Electrolux has said it is in talks to buy General Electric’s household appliances business, seeking to increase its foothold in the USA which is growing faster than its other markets in Europe.
Samsung Buys SmartThings
Samsung has reportedly pays $200 million to ramp up its home automation push by agreeing to acquire home automation specialist SmartThings in a deal reportedly worth $200 million.