Did HA Sustainable Infrastructure Capital, Inc. change its name?
Haier did not purchase the entirety of General Electric, but it did acquire GE’s appliance division. In 2016, the Chinese multinational conglomerate Haier completed the acquisition of GE Appliances, a major American home appliance manufacturer based in Louisville, Kentucky. As part of the terms of this acquisition deal, Haier secured the rights to use the GE brand name on its appliance products for a period of 40 years, until 2056, allowing the brand identity to persist in the consumer market under Haier's ownership.
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