It has come to light over the past couple of weeks that the bid made by Haier to buy the rest of Fisher & Paykel may well have hit a bump in the road that could well prevent the Chinese company from gaining control of the New Zealand appliance manufacturer.
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
Whirlpool And LG Settle Patent Case
Bloomberg reports that Whirlpool and LG have agreed to settle patent-infringement cases over refrigerator icemakers for an undisclosed sum.
Electrolux To Move More Upmarket
In an interesting article in the Financial Times The Electrolux chief Keith McLoughlin explains to the FT that he wants the group to move away from the lower cost products and to move the brand more upmarket.
Is This The Future Of Washing Machines
Every now and then in this industry someone does something that shakes the tree a little and presents something a little different but, what we don’t usually expect, is for radical washing machien design to come from the likes of Bauknecht who is a Whirlpool owned company and yet, it has.
Washing Machine Exploding Doors Cause Alarm
After the Daily Mail ran a story on washing machines that appear to be suffering from “exploding glass doors” there has been a surge of interest in the fact that washing machine doors can appear to “explode” or shatter leaving owners frustrated and frightened over safety concerns.
Whitegoods Meeting This Friday
The traditional whitegoods service engineer meeting is scheduled for this Friday, 28th September to take place in Coventry that is aimed at appliance service technicians from across the UK.
Hi Way Distribution In Administration
We have received reports this morning that Hi Way Distribution has entered into administration this morning after a staff meeting informing staff that the company had appointed Ernst & Young as the administrator.
Haier Offers Cash To Buy F&P
We reported earlier on news that Chinese manufacturer Haier was to buy out the rest of Fisher & Paykel as Haier already owns 20% of F&P well, seems like that behind that smoke we were talking about just earlier today has fire behind it, £540 million worth of fire.
Haier Talk Takeover Of Fisher And Paykel
It is reported that Fisher & Paykel Appliances’ Chinese shareholder Haier is considering a full takeover of the New Zealand appliance manufacturer.
LG Commit Fashion Crime
LG is the official garment care supplier to London Fashion Week, which launches on Friday, and will begin selling a bespoke washing machine at John Lewis in-store and online which is, if you ask us, a fashion crime!