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Arçelik A.Ş, owner of Beko and Grundig, acquires 60% of Hitachi Gls

A transition worth 300 million USD

Arçelik A.Ş. and Hitachi Global Life Solutions, (Hitachi Gls) have signed a share purchase agreement with the aim of forming a new joint venture company. As part of the transaction, Hitachi Gls will form a new company in which it will transfer its global home appliance business outside of Japan. Arçelik will therefore acquire 60% of the capital of the new company, which will be established by the sp...

hef - 15611

EFA News - European Food Agency
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