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From 2010 to late 2014, GE Appliances & Lighting was a sub-business under GE Home & Business Solutions. [ 12 ] On September 8, 2014, General Electric agreed to sell the company to Electrolux , a Swedish appliance manufacturer and the second-largest consumer appliance manufacturer after Whirlpool Corporation , for US$3.3 billion in cash.
A commercial washing machine is intended for more intensive use than a consumer washing machine. [145] Durability and functionality is more important than style; most commercial washers are bulky and heavy, often with more expensive stainless steel construction to minimize corrosion in a constantly-moist environment.
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GE's acquisition of RCA was the largest non-oil company merger in history up to that time and was completed on June 9, 1986. Despite initial assurances that under GE, RCA would continue to operate as a mostly autonomous unit, over the next few years, GE proceeded to sell off most of RCA's remaining assets.
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