Arçelik Company Review & Valuation
About Arçelik A.Ş.
Arçelik A.Ş., together with its subsidiaries, produces, markets, sells, services, imports, and exports consumer durable goods and consumer electronics in Turkey and internationally.
It operates through White Goods, Consumer Electronics, and Other segments.
The company offers built-in and freestanding appliances, such as refrigerators, freezers, washing machines, dryers, dishwashers, ovens, hobs, hoods, warming drawers, microwave ovens, and water dispensers and water filtration appliances; and small household appliances, including vacuum and steam cleaners, kitchen appliances, personal and garment care appliances, and fans.
It also provides consumer electronics comprising TVs, smart phones, notebooks and tablets, POS cash registers, Hi-Fi systems, and portable audio systems; and heating and ventilation systems consisting of air conditioners, boilers, and water and room heaters.
In addition, the company offers components, which include hermetic compressors, industrial motors, and appliances motor-pumps.
It offers its products under the Arçelik, Beko, Blomberg, Arctic, Grundig, Altus, Flavel, Elektrabregenz, Leisure, Defy, and Dawlance brand names.
The company was founded in 1955 and is headquartered in Istanbul, Turkey.
Arçelik A.Ş. is a subsidiary of Koç Holding A.S.