Arçelik

Turkish household appliances manufacturer

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2023 Arçelik announced plans to continue global market activities under the Beko Corporate name, signaling a strategic rebranding initiative.
June 2023 Koç Holding reported consolidated revenues of USD 24.9 billion in the first half of the year, highlighting Arçelik's parent company's strong financial performance.
2022 Arçelik obtained a Gold EcoVadis Medal with a score of 70/100, placing them in the top 2% of companies rated in the domestic appliances manufacturing industry.
2022 Arçelik acquired Whirlpool's operations in the Middle East and Africa for €20M, Turkish manufacturing plants for €78.3M, and operations in Russia and CIS countries, with deferred payments over 10 years capped at €220M.
December 16 2022 Arçelik achieved the highest score out of 46 companies in the DHP Household Durables Industry in the S&P Global Corporate Sustainability Assessment.
2021 Arçelik and Hitachi Global Life Solutions formed a partnership, with Arçelik acquiring a 60% stake in Arçelik Hitachi Home Appliances B.V. for $343M.
2019 Arçelik acquired a 57% stake in Singer Bangladesh for $75M.
2019 Arçelik acquired the Singer brand, further extending its global reach.
2017 Arçelik and Tata Group formed a joint-venture named Voltbek Home Appliances Ltd. in India to manufacture and sell VoltasBeko branded home appliances.
2017 Arçelik acquired the Dawlance brand to strengthen its market position.
2016 Arçelik was accepted into the FTSE4Good Emerging Market Index.
2015 Arçelik established its first plant in the APAC region in Thailand, with a production capacity of 300,000 units per year.
2014 Arçelik was selected among the first 15 companies to be accepted into the Borsa Istanbul Sustainability Index.
2014 Beko became a sponsor of FC Barcelona.
2011 Arçelik acquired the Defy brand, continuing its strategy of global expansion.

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