Partnership
Haier Smart Home x GE Appliances Acquisition
Haier (then Qingdao Haier) acquired GE Appliances for 5.6 billion in 2016 with a long-term brand license agreement through 2056. The deal gave Haier a major US manufacturing and distribution footprint and GE Appliances autonomy under new ownership.
investment · Concluded · operating
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ca055d95-f8ef-4375-8605-ef39d42ea6f2- Type
- investment
- Status
- Concludedoperating
- Announced
- 2016-01-1510.6 years ago
- Start
- 2016-06-0610.2 years ago
- Active for
- 10.2 years
Who’s involved
Haier Smart Homeinvestor partner
Haier [Smart](/companies/smart-robotics) Home, Chinese home appliance and smart home company, subsidiary of Haier Group.
Off-registry parties
- GE Appliances · other
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Sources (1)
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