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Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances headquartered in Benton Charter Township, Michigan, United States. [2] In 2023, the Fortune 500 company had an annual revenue of approximately $19 billion in sales, around 59,000 employees, and more than 55 manufacturing and technology research centers globally.
The deal included Whirlpool's sales operations in Kazakhstan and selected countries in the Commonwealth of Independent States. [10] In January 2023, Arcelik and Whirpool agreed to combine their European business with Arcelik owning a 75% share. The new entity will own rights to the Hotpoint brand in Europe. [11]
A whirlpool is a body of rotating water produced by opposing currents or a current running into an obstacle. [ 1 ] [ clarification needed ] Small whirlpools form when a bath or a sink is draining. More powerful ones formed in seas or oceans may be called maelstroms ( / ˈ m eɪ l s t r ɒ m , - r ə m / MAYL -strom, -strəm ).
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] Goodman still owns Amana's air conditioner and furnace division, and Amana home appliances are now owned and manufactured by the Whirlpool Corporation. [3]
Bauknecht Hausgeräte GmbH, commonly referred as Bauknecht, was one of Germany's leading manufacturers of household appliances, and since 1989 has been a brand of Whirlpool Corporation. The headquarters of the company was in Schorndorf in Baden-Württemberg until 2006 when it relocated to Stuttgart .
Whirlpool tubs: These tubs release sprays of heated bubbles (air walk-in tub), water (hydrotherapy walk-in tub), or both to massage sore muscles. The whirlpool gives the tub a Jacuzzi-like feel.
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.
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