Haier completes Candy acquisition. IFA 2019 is ready to open the doors in Berlin on 6th September and Haier Group will be one of the protagonists of the exhibition, where it will show the strong complementarity of its three brands – Haier, Candy and Hoover. The aggregated volumes of Haier and Candy groups in 2018 represent a global market share of 15.1% on major appliances, 22.7% on freestanding refrigeration appliances and 19.8% in … Chinese manufacturer Qingdao Haier has completed the acquisition of Candy S.p.A, owner of international brands Candy and Hoover and national brands including Rosières.. Haier said the acquisition “perfectly fits” into its strategy … HC360.com posted that on September 28, 2018, Qingdao Haier Co., Ltd. (SH600690, “Qingdao Haier”) and the Italian Fumagalli family announced that they have reached an agreement to merge Qingdao Haier and Candy SpA (hereinafter referred to as “Candy””) businesses. A friend working at Haier posted via WeChat that Haier and Italy’s Candy Group will partner in business merger. – For the occasion, the Group has prepared a … Qingdao Haier and Fumagalli family have announced a deal to combine the operations of Haier and Candy S.p.A. Under the agreement, Haier will invest 475 millions euro to further accelerate its growth in the European market.Post deal closing, Haier’s … Qingdao Haier Co. Ltd., the world’s top home appliance maker by sales, will acquire Italian washing machine producer Candy, the pair announced, as the Chinese company accelerates its global push.. A wholly-owned European unit of Haier will pay 475 million euros ($550 million) in cash to buy 100% of Candy S.p.A. from the company’s founder and owner Fumagalli family, the Chinese firm said …