Page 33 - Arçelik PR REPORT - APRIL 2024

4/18/24, 11:45 AM Arçelik completes acquisition of Whirlpool's Moroccan and UAE subsidiaries and operations in MENA region
Whirlpool Corporation’s wholly owned subsidiary Whirlpool EMEA Holdings LLC, resulting
in the creation of Beko Europe. Beko Europe’s 75 per cent shares are owned by Beko B.V

and 25 per cent of shares are owned by Whirlpool Corporation. Arçelik, having

accomplished these two significant milestones, will continue revolutionising the industry,
driving innovation, and delivering value to consumers worldwide.

-Ends-

About Arçelik

Beko has 55,000 employees throughout the world with its global operations through its

subsidiaries in 57 countries, 31 R&D and 45 production facilities in 13 countries (Türkiye,

UK, Italy, Romania, Slovakia, Poland, South Africa, Russia, Pakistan, India, Bangladesh,
Thailand and China). Beko has 22 brands owned or used with a limited license (Arçelik,

Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy,
Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg,

Altus, Ignis, Polar). Beko becomes the largest white goods company in Europe and the
second largest white goods company in the world with its market share and reached a

consolidated turnover of 8 billion Euros in 2023. For the 5th consecutive year, Arçelik

achieved the highest score in the DHP Household Durables industry (based on the results
dated 27 October 2023) in the Dow Jones Sustainability Index of the S&P Global

Corporate Sustainability Assessment. Arçelik’s vision is ‘Respecting the World, Respected

Worldwide.’

*Limited to licensee in the certain jurisdiction

M&A

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