German Cooling Appliances Specialist launches its luxury products in Asia The store is a showcase of heritage and excellence that is reflected not only in the engineering but also in the design of the appliances for over 60 years. Headquartered in Singapore, Liebherr will be bringing to Asia its commercially popular high-end refrigerators, freezers and wine cabinets.

On top of its forte and niche in state of the art cooling systems, its bespoke service enables consumers to customize their appliances with sizing options, functionality options, luxury accessories and more.

Asia is home to the largest pool of growing wealth in the world where luxe living serves as a norm in rising economy powerhouse like China and India. In 2018, Asia’s ultra-wealthy population grew by 18.5 percent and their total wealth shot up by 26.7 percent, twice the rate seen in the U.S., the World Ultra Wealth Report 2018 found. The combined riches of Asia’s ultra-wealthy now total a staggering $8.365 trillion, based on analysis of Wealth-X’s database of wealthy individuals.

For more than 70 years, the Liebherr Group stands for a large evolving range of sophisticated products and services. The Domestic Appliances division was founded in 1954 and the family business has operated under the outstanding stewardship of the Liebherr family. Every part within a Liebherr appliance is produced and assembled in their European factories till date. Please see Appendix A for history of Liebherr.

Mr Steffen Nagel, Managing Director Sales & Marketing of Liebherr-Hausgeräte GmbH says “We’re excited to enter the Asian market through Singapore and bring to the world top German products