# Haier completes $5.6B acquisition of GE Appliances

Haier Group and General Electric announced the completion of Haier's $5.6 billion acquisition of GE's appliance division, based in Louisville, Kentucky.

- Type: Acquisition
- Announced: 2019-09-12
- Where: Louisville, Kentucky, United States
- Value: $5.60B
- Status: completed
- Products: home appliances

## Companies

- [General Electric](https://endata.com/companies/1262.md) (target)
- [Haier](https://endata.com/companies/5126.md) (acquirer)

## Sources

- [haier.com](https://www.haier.com/ph/about-haier/news/20190912_105741.shtml), 2019-09-12: "On June 7, 2016, Haier Group and General Electric Company announced that both sides had signed delivery document required by the transaction of Qingdao Haier integrating GE Appliances, which marks that the GE Appliances has officially been a member of Haier."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.