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Hotpoint is a brand of domestic appliances.Ownership of the brand is split between American company Whirlpool, which has the rights in Europe, [1] Chinese company Haier, which has the rights in the Americas and Turkish company Arcelik which has rights in Russia and the CIS.
In 2014, Whirlpool Corporation agreed to pay 758 million euros to buy a 60% stake in Indesit and its owner Hotpoint, which was a market leader in Italy, the United Kingdom and Russia, from the Merloni family to further expand outside its U.S. home market. [9] Following the buyout, Indesit was delisted from Borsa Italiana on 3 December of that year.
Under the terms of the sale, Haier has the right to use the GE brand name until 2056. GE Appliances launched a refreshed tagline ("good things, for life") in 2017, [14] [15] [16] a nod to its history with General Electric, which used the tagline "We Bring Good Things to Life" from 1979 to 2003.
Microwaves are a convenient appliance in your own kitchen. But when you’re spending money at a restaurant, even a fast-food chain, it’s nice to know that your food is freshly cooked and not ...
California wants to help end the everyday household debate over whether the food in the fridge is still good to eat. Food labels that say “sell by” or “best before” are misleading because ...
Hotpoint Maytag 'Gyrofoam' washing machine, circa 1927. On January 1, 2009, Maytag (under the ownership of the Whirlpool Corp.) changed the vested lifetime benefits of the Maytag retirees. There is a lawsuit pending in the Southern District Court of Iowa where Whirlpool has asked for permission to change the UAW bargained benefits. The benefits ...
4 top factors that affect your mortgage rate. The difference of even half a percentage point on your interest rate can save you hundreds of dollars a month and thousands of dollars over the life ...
Food in a refrigerator with its door open. A refrigerator, commonly shortened to fridge, is a commercial and home appliance consisting of a thermally insulated compartment and a heat pump (mechanical, electronic or chemical) that transfers heat from its inside to its external environment so that its inside is cooled to a temperature below the room temperature. [1]