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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ca055d95-f8ef-4375-8605-ef39d42ea6f2Parties (2)
- Haier Smart Home investor partner
- GE Appliances off-registry other
Timeline
- Announced
- 2016-01-15
- Start
- 2016-06-06
Sources (1)
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