The Hoover Company is a home appliance company founded in Ohio, United States, in 1915. It also established a major base in the United Kingdom; and, mostly in the 20th century, it dominated the electric vacuum cleaner industry, to the point where the Hoover brand name became synonymous with vacuum cleaners and vacuuming in the United Kingdom and Ireland. Hoover North America was once part of Maytag, but was sold by Maytag's new owners Whirlpool Corporation in 2007 to Hong Kong multinational manufacturing company Techtronic Industries for $107 million. Hoover International had already split from Hoover North America in 1993, and was acquired by Candy in 1995, which was acquired by Haier in 2019.[1]
In addition to producing floorcare products, Hoover was also an iconic domestic appliance brand in Europe, particularly well known for its washing machines and tumble dryers in the UK and Ireland, and also had significant sales in many parts of Europe. Today, the Hoover Europe brand, as part of the portfolio of brands owned by Chinese multinational home appliances company Haier remains a major player in the European white goods and floor care sectors in a number of countries.
^"Impact on Vacuum Industry Brought by Haier's Acquisition of the Italian Candy Group". 21 February 2019.
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