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The company's name is a combination of the first two letters of the founders' surnames, Bejerano and Koç. In 2004, Beko Elektronik purchased the German electronics company Grundig and by January 2005, Beko and its rival, Turkish electronics and white goods brand Vestel, accounted for more than half of all TV sets manufactured in Europe. [3]
The company is controlled by Koç Holding, Turkey's largest industrial and services group with USD 24.9 billion in consolidated revenues in the first half of 2023, [7] and is the market leader in Turkey's appliance sector with its Arçelik and Beko brands.
Hotpoint is a brand of domestic appliances.Ownership of the brand is split between American company Whirlpool, which has the rights in Europe, [1] Chinese company Haier, which has the rights in the Americas and Turkish company Arcelik which has rights in Russia and the CIS.
Grundig (English: / ˈ ɡ r ʌ n d ɪ ɡ, ˈ ɡ r ʊ n d ɪ ɡ / GRU(U)N-dig, Turkish pronunciation:, German pronunciation: [ˈɡʁʊndɪç]) is a German consumer electronics brand [1] and company that manufactures domestic appliances and personal-care products.
In 1997, the company was purchased by Goodman Global (now part of Daikin North America), a heating-and-cooling manufacturer which sold it to Maytag (now part of Whirlpool) in 2002. [2] Goodman still owns Amana's air conditioner and furnace division, and Amana home appliances are now owned and manufactured by the Whirlpool Corporation. [3]
In 2010, Gorenje took over Swedish appliance manufacturer Asko Appliances. In 2013, Gorenje sold a 13% stake in the firm to Japanese Panasonic for around €10 million. [ 7 ] In November 2016, trading in Gorenje at the Lubljana Stock Exchange was suspended for 3 days after Panasonic refused to take over the company and the shares dropped lower ...
Every investor in Perrigo Company plc (NYSE:PRGO) should be aware of the most powerful shareholder groups. Large...
Kenwood Limited is a British kitchen appliances manufacturer based in Havant, Hampshire. Kenwood designs, produces and sells kitchen appliances including stand mixers, blenders, food processors, fridge freezers, kettles and toasters. The company was founded by Kenneth Maynard Wood in 1947 in the town of Woking at 79 Goldsworth Road. [3]