Page 56 - Arçelik PR REPORT - APRIL 2024
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4/18/24, 11:48 AM PRESSR: Arçelik completes acquisition of Whirlpool's Moroccan and UAE subsidiaries and operations in MENA region — Trading…
PRESSR: Arçelik
completes acquisition of
Whirlpool's Moroccan and
UAE subsidiaries and
operations in MENA region
Apr 4, 202415:34 GMT+4
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, Indesit, Hotpoint, Hotpoint-
Ariston, Bauknecht, Privileg and Ignis
Istanbul, Turkiye- Today marks the completion of the transaction for
Arçelik, Beko’s parent company, to acquire full ownership of
Whirlpool’s Middle East and North Africa (MENA) operations. Through
https://www.tradingview.com/news/reuters.com,2024-04-04:newsml_ZawKfK8X:0-pressr-ar-elik-completes-acquisition-of-whirlpool-s-moroccan-and-u… 1/4
