American Brands That Have Been Bought Out By Other Countries

Published on January 4, 2023
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Segway Inc

Segway became a hugely popular transportation option, and in 2015, Chinese company Ninebot purchased Segway for $80 million. Ninebot was able to shift the company’s direction into the robotics and tech sector. In 2018, it was announced that the company would be moving from New Hampshire to China, but the majority of production would remain in Bedford.

Segway Inc

Segway Inc

John Hancock Life Insurance

While the John Hancock Financial Opportunities Fund has many different branches, its most popular is life insurance. The company was founded in Boston in 1862, but was bought by Canadian company Manulife in 2004. Despite the acquisition, Manulife kept the company’s name, but moved operations to Toronto.

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John Hancock Life Insurance

John Hancock Life Insurance