Haier Group to Buy 20% Stake in Fisher & Paykel Appliances
2009-06-01
May 29, 2009, Haier Group, the fourth largest home appliance manufacturer in the world and parent of both Haier Electronics Group and Qingdao Haier announced that it would buy a 20% stake in Auckland-based Fisher & Paykel Appliances (F&P Appliances), according to industry sources.