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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