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Consumer Reports is a United States-based non-profit organization which conducts product testing and product research to collect information to share with consumers so that they can make more informed purchase decisions in any marketplace.
In 1991, Maytag partnered with Montgomery Ward & Co. for the exclusive utilisation of the Admiral brand on its consumer electronic goods. [9] Montgomery Ward later went bankrupt and closed all its stores. After Maytag's sale to Whirlpool, the brand became exclusive to The Home Depot.
In 1967, Amana introduced a consumer model of the Radarange, the first popular microwave designed for home use. [ 4 ] In 1997, the company was purchased by Goodman Global (now part of Daikin North America), a heating-and-cooling manufacturer which sold it to Maytag (now part of Whirlpool) in 2002. [ 2 ]
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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. The deal carried a US$175 million termination fee clause if Electrolux was unable to complete the acquisition.
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