Arçelik Named as One of the Real Leaders Top 150 Impact Companies of 2021
Arçelik s ongoing commitment to sustainability and impact creation has resulted in the company being ranked 13th on the list
ISTANBUL, Jan. 13, 2021 /PRNewswire/ Arçelik, parent company to 12 leading home appliance brands including Beko and Grundig, with a footprint in almost 150 countries worldwide has been ranked 13
th on The Real Leaders? Top 150 Impact Companies of 2021.
The Real Leaders 150 Top Impact Companies Award recognises organisations that are making a positive social or environmental impact. The key is to seek those companies which can make the world a better place. Adopting sustainability as a business model with its Respecting the World, Respected Worldwide vision enable Arçelik to be listed among 150 companies.
| UPDATED: 20:11, Sun, Dec 27, 2020
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The two negotiating teams will now move to finalise the terms of the continuity agreement before the end of the year. Turkey had been waiting for the UK and EU to agree a deal due to the state being involved in Europe s customs union. The continuity agreement is largely based on the deal with the EU and is expected to be signed this week in a video call.
Arcelik and Hitachi Global Life Solutions Announce their Intention to Form a Joint Venture in the Global Home Appliances Business (excluding Japan) – IT Business Net itbusinessnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusinessnet.com Daily Mail and Mail on Sunday newspapers.
Arcelik and Hitachi Global Life Solutions Announce their Intention to Form a Joint Venture in the Global Home Appliances Business (excluding Japan) JCN Newswire
2020-12-17
TOKYO, Dec 17, 2020 - (JCN Newswire) - Today Arcelik A.S. (ARCLK:IST, Arcelik ) and Hitachi Global Life Solutions, Inc. (Hitachi GLS) have signed a share purchase agreement to establish a new joint venture company. As part of the transaction, Hitachi GLS will establish a new company into which it will transfer its global home appliances business outside of Japan. Arcelik will acquire 60% ownership in the new company, which both partners aim to establish in the spring of 2021, subject to regulatory approvals and satisfaction of other customary conditions.
Arcelik Seals $300 Million Deal for Hitachi Electronics Business
Asli Kandemir, Bloomberg News
(Bloomberg) Turkeyâs leading household appliances maker Arcelik AS signed a deal to buy 60% of Hitachi Global Life Solutions Inc.âs for $300 million to deliver on its strategy to expand in emerging markets.
Arcelik and Hitachi GLS will form a new company that Arcelik will control to run operations in the home appliances market, excluding Japan, the Turkish company said in a filing to the stock exchange on Wednesday. The total transaction value is calculated on a cash-free and debt-free basis for the business, with the deal expected to be closed by April 1.