Page 48 - Arçelik PR REPORT - APRIL 2024

4/18/24, 11:47 AM Latest News

Arçelik Completes Acquisition of

Whirlpool's Moroccan and UAE

Subsidiaries and Operations in MENA

Region

05/04/2024

• Arçelik, consumer brand Beko’s parent company, completes acquisition of Whirlpool's MENA

operations, marking a significant milestone in its growth strategy
• Through this transaction, Arçelik now owns Whirlpool’s UAE and Morocco entities and

manages Whirlpool's MDA business operations in the MENA region

• By combining its deep industry expertise with Whirlpool’s invaluable know-how, regional

infrastructure, and market presence, Arçelik will work to solidify and expand its footprint in the

region
• The brands we will offer in the MENA market through such acquisition are Whirlpool, Ariston,

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