American Brands That Have Been Bought Out By Other Countries

Published on January 4, 2023
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Hoover US

Found in 1908 in Ohio by William Henry Hoover, his namesake company Hoover has been a trusted name in vacuum cleaners for years. However, in 2006, the company was sold to Chinese company Techtronic Industries for $107 million. There is still a headquarters in North Carolina, but the parent company is run in Hong Kong.

Hoover US

Hoover US

Frigidaire

Frigidaire, originally called the Guardian Frigerator Company, was founded in Fort Wayne, Indiana in 1918. Soon, William C. Durant, General Motor’s founder, made an investment to stabalize the company, which later became Frigidaire. In 1979, it was owned by White Sewing Machine Company and later was sold to Swedish company Electrolux in 1986.

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Frigidaire

Frigidaire