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Fisher & Paykel Appliances Holdings Limited (/ ˈ p aɪ k əl /) is a major appliance manufacturer founded in 1934. [3] It is a subsidiary of Chinese multinational home appliances company Haier [3] and is based in East Tāmaki, New Zealand.
The company was separated and was also listed on the stock exchange on 14 November 2001. As part of a reorganization, Fisher & Paykel Industries Limited was renamed Fisher & Paykel Healthcare Corporation Limited and a new company, Fisher & Paykel Appliances Holdings Limited, was established to own F&P's appliances and finance business.
In 2012, Haier Group acquired the appliance business from New Zealand-based Fisher & Paykel, [19] and Sanyo's Southeast Asian appliance manufacturing unit. [20] In June 2016, Haier Group acquired GE Appliances, headquartered in Louisville, Kentucky, from General Electric for $5.6 billion. [21] [22] [23]
In 1955, Auckland company Fisher and Paykel Ltd acquired H. E. Shacklock Ltd., but the brand continued to dominate the New Zealand domestic appliance market through the era of government protectionism. Fisher and Paykel gradually phased out the Shacklock name from its products.
In New Zealand there is a push to keep old appliances and e-waste out of landfills, however there is little legislation to preventing this. As in Australia there are companies including the manufacturer Fisher and Paykel that remove waste appliances and recycle them. [9]
In July 2019, Whirlpool finally issued a recall for the appliances, stating that up to 800,000 machines would either be replaced or repaired. In December 2019, Whirlpool announced a safety recall for certain models of Hotpoint and Indesit washing machines manufactured between 2014 and 2018, due to faulty door interlocks that could cause the ...
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