Page 18 - Arçelik PR REPORT - APRIL 2024

Arçelik completes acquisition of

Whirlpool’s MENA operations

Updated 4/4/2024 3:39:00 PM

Arab Finance: Arçelik, Beko’s parent company, has fully acquired Whirlpool’s Middle

East and North Africa (MENA) operations, according to a press release.

Under this transaction, Arçelik now owns Whirlpool’s UAE and Morocco entities and

manages Whirlpool's MDA business operations in the MENA region.

“Arçelik is a leading global company in the home appliance industry with 55,000

employees and 45 production facilities. Soon, it will be adding a state-of-the-art Beko

factory in Egypt, which stands on the cusp of operation, ready to bring innovation and

excellence to the market,” Akin Garzanli, Chief Marketing Officer and Chief Customer

Officer of MEA, Russia, and CIS, said.

“With this new integration, we are inching closer to our ambition to become the number

one home appliances company in the region. We reaffirm our dedication to delivering

https://www.arabfinance.com/News/newdetails/13669