Dacor is a showstopper, literally! at KBIS24 the stunning 48″ French Door Refrigerator outfitted with custom art panels
Dacor KBIS Showstopper
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LG UNVEILS ADVANCED AND CUSTOMIZABLE HOME SOLUTIONS AT KBIS 2024
LG Electronics (LG) is unveiling an evolved, fully-integrated home experience at the 2024 Kitchen & Bath Industry Show (KBIS) in Las Vegas. Upon entering LG’s booth, visitors will encounter the new Signature Kitchen Suite Transitional Series built-in kitchen package, developed in response to the growing popularity of both transitional and contemporary kitchen designUpon entering LG’s booth, visitors will encounter the Signature Kitchen Suite zone, which boasts a stylish selection of the premium built-in brand’s latest kitchen appliances. Among them is the new Signature Kitchen Suite Transitional Series built-in kitchen package, developed in response to the growing popularity of both transitional and contemporary kitchen design.
With subtle aesthetics that help complete a luxurious kitchen look, the Transitional Series offers a sophisticated and velvety matte-stainless-steel panel option and introduces thin yet easy-to-grip handles. The showcased appliances from the Transitional Series include the wine column fridge, under-counter wine cellar, under-counter drawer fridge, 30-inch fridge, dishwasher, 36-inch insert hood, induction oven and wall oven. Visitors can also see sleek solutions from other Signature Kitchen Suite lineups, including the panel-ready Pro Series collection, and the brand’s space-efficient compact-size packages
Newest innovation from whirlpool family of brands!
Whirlpool firlt the newest innovation from the Whirlpool family of brands,at KBIS
Increasing the thickness of SlimTech™ insulation walls can reduce thermal conductivity, allowing a refrigerator to be up to 50% more energy efficient.
SlimTech™ can keep food fresh for longer by reducing temperature swings from door openings by cooling up to 30% faster.
SlimTech™ insulation technology will enable more interior customization via metal interiors with cleaner angles that eliminate the need for the molded plastic interiors common in today’s refrigerators.
Fewer compressor cycles are needed to maintain cool temperatures, meaning SlimTech™ refrigerators deliver even quieter refrigeration
BSH will have 3500 fewer employees in 2027
BSH intends to reduce its workforce by 3500 units by 2027. This is 4% of a total of 60 thousand employees. The staff cuts will mainly concern the administrative and internal services sectors. There are therefore no plans for layoffs in the group’s factories.
Midea ups global investment
Chinese home appliance maker Midea Group will increase investment in localized research and development, and expand its footprint in Southeast Asia, Latin America and the Middle East.
The move is part of Midea’s strategy to grow new sources of revenue and make its brand influential abroad.Midea started as an OEM or original equipment manufacturer at the early stage in North America, but determined to develop company-owned brands in an attempt to enhance its core competitiveness globally. Currently, Midea’s household air conditioners command a 60 percent market share in North America.
Hoshizaki America grabs 25% stake in rival refrigeration manufacturer
Hoshizaki the Japanese firm has paid $28m for an initial 25% stake in Fogel Company following a deal conducted through its US subsidiary.
It intends to increase its investment over the next three years until it has gained a 51% shareholding in the business, mirroring the approach it took when purchasing European manufacturer Ozti previously.
Panama-headquartered Fogel has been trading for more than 55 years and is one of the largest fridge makers in the Americas region.
Its 27,000 square meter factory in Guatemala has the capacity to build up to 216,000 units a year and employs more than 1,600 staff.
ILVE relaunch in Australia and New Zealand
ILVE has started 2024 with a new fully owned subsidiary in Australia and New Zealand. The owner of ILVE S.p.A. Alberto Illoti was in Australia recently to meet customers
LG Elec to upgrade your bathroom with high-tech appliances
LG Electronics Inc., the leading global home appliance maker, on Friday said it is set to showcase new products for bathrooms for the first time, making a foray into the sector.
The South Korean tech giant will unveil various appliances such as a shower head with a water purification filter at the 2024 Kitchen & Bath Industry Show (KBIS) in Las Vegas, Nevada, Feb. 27-29.
“We will continue to introduce smart life solutions across diverse categories, deeply rooted in our understanding of customer lifestyles, seeking to lead the market through thoughtful innovations for a better life,” Lyu Jae-cheol, president of LG’s home appliance and air solution division, said in a statement.
The Smart Bath and Shower Purifier filters out rust or residual chlorine from tap water to reduce skin irritation, LG said. The system features a function to maintain users’ water temperature preferences with a digital display that allows users to check and adjust the temperature.
The system also monitors water usage and provides timely filter replacement alerts to facilitate a consistently pure stream of water.
Whirlpool sells 24% of Indian subsidiary
Whirlpool corporation is selling a 24% stake in its subsidiary Whirlpool of India to various investors. The goal is to raise $451 million. The operation was officially announced last November and is part of the debt and invested capital reduction strategy which also led to the disengagement from EuropeWhirlpool of India sees its leadership position on the Indian white goods market undermined by competition, especially Korean competition, and closed its financial statements in December with a loss for the sixth consecutive quarter. The Indian stock market, on the other hand, is at historically very high levels. To be precise, Whirlpool Corp has put 19 million shares on the market and hopes to place another 11 million while remaining the controlling shareholder.
SEB ACQUISITION PROCESS OF THE SOFILAC GROUP AND ITS EMBLEMATIC BRANDS LACANCHE AND CHARVET
Groupe SEB wishes to strengthen its expertise in the high-end cooking segment and thus continue its growth in the professional and semi-professional markets.
Sofilac is a French family group majority owned by members of the Augagneur family. It designs, manufactures, and distributes high-end semi-professional (Lacanche brand) and professional (notably with the Charvet brand) cooking equipment. Lacanche, Entreprise du Patrimoine Vivant, and Charvet offer exceptional, timeless and durable products based on unique know-how. With its iconic brands, the Sofilac Group meets the requirements of professional chefs and cooking enthusiasts to allow them to best express their talent.
This acquisition would allow Groupe SEB to strengthen its presence in the cooking segment by completing its network made up of its premium brands (Krampouz, Forge Adour, WMF, All-Clad, and Lagostina). It would thereby support Groupe SEB’s ambition to become a key player in the profitable and growing professional and semi-professional equipment markets, with complementary brands, products and distribution channels.Manufactured for several centuries in a Burgundy village of the same name, whose history is closely associated with metalwork, Lacanche stoves and cookers perpetuate the French culinary tradition. A wide variety of options and finishes make each “Gastronome Piano” a unique object.
Faithful to its original values, this family business combines passion, innovation and know-how. Recognized as a “Living Heritage Company”, it pays particular attention to the nobility of the materials and components, as well as the quality of the enameled color adornments of its equipment.
