Maytag is owned by Whirlpool (the United States, NYSE: WHR), which acquired the brand on 31 March 2006.[1][2] Maytag was founded in 1893 in Newton, Iowa and was independent until 2006.
Maytag was founded in Iowa in 1893 and built its reputation on durability, advertised for decades by a repairman with nothing to do. Whirlpool acquired the company in 2006 in a deal cleared by the Department of Justice despite significant overlap.
Whirlpool acquired Maytag for about $1.7 billion including debt, after a contested process in which a private equity group and the Chinese manufacturer Haier had both bid. The Department of Justice reviewed the combination of two of the largest American appliance makers and closed its investigation without challenge.