Arçelik
Arçelik
Arçelik A.Ş. is a Turkish multinational household appliances manufacturer which owns Beko and Grundig. The company engages in the production and marketing of durable goods, components, consumer electronics and after-sale services.
Plants
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American appliance manufacturer Whirlpool is finally settling its former Russian assets. Arçelik, which acquired Whirlpool's Russian business back in 2022, has agreed to make a one-time payment of 40 million euros. After that, Whirlpool will waive any current or future claims under the deal.
The Company Statement
July 28, 2022
Turkish Arcelik acquired Indesit JSC and Whirlpool LLC in Russia. Acquired firms able to produce 2.8M units of refrigerators and laundry products in their Russia facilities.
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