DEPLOYDatabase

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 · verified


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Parties (2)

Timeline

Announced
2016-01-15
Start
2016-06-06

Sources (1)

  1. https://pressroom.geappliances.com/news/ge-completes-sale-of-appliances-business-to-haier

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