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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.
Commercial refrigerator and freezer units were in use for almost 40 years prior to the common home models. The freezer-over-refrigerator style had been the basic style since the 1940s, until modern, side-by-side refrigerators broke the trend. A vapor compression cycle is used in most household refrigerators, refrigerator–freezers and freezers.
Icebox used in cafés of Paris in the late 1800s. An icebox (also called a cold closet) is a compact non-mechanical refrigerator which was a common early-twentieth-century kitchen appliance before the development of safely powered refrigeration devices.
In 1911, GE released a household refrigeration unit that was powered by gas. The use of gas eliminated the need for an electric compressor motor and decreased the size of the refrigerator. However, electric companies that were customers of GE did not benefit from a gas-powered unit. Thus, GE invested in developing an electric model.
In 1986, Mabe entered into a joint venture with General Electric to produce appliances for the US market where GE received a 48% minority stake. By the mid-1990s, more than two-thirds of all gas ranges and refrigerators imported into the United States were designed and manufactured by Mabe, and 95% of those sold under the General Electric ...
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