Beko has announced it is considering the closure of its subsidiary Hotpoint UK Appliances factory in Yate, South Gloucestershire. The move puts approximately 150 jobs at risk.
Category Archives: Manufacturing
Miele celebrities 125 Years
July 1899, Carl Miele Sr. and Reinhard Zinkann registered their new company Miele & Cie. with the vision of making better products rather than cheaper ones. This commitment to ‘Immer Besser’ has guided Miele through 125 years of remarkable achievements.
Starting in a small factory in Herzebrock with just 11 employees and a cream separator as the first product, we launched our first round wooden tub washing machine, the ‘Meteor’, just two years later. In 1907, Miele moved to Gütersloh, where Miele continued to expand their innovative product range and workforce.
Today, Miele is one of Germany’s most respected brands, employing over 22,000 people in 49 countries. Our journey has been marked by many successes and pioneering milestones, as well as challenges and bold decisions that have shaped the company.
From early social responsibility and initiatives such as a company health insurance fund in 1909, to leading the way in environmental sustainability and winning the German Sustainability Award in 2014 and 2023 – Miele has always pushed the boundaries. risen from a manufacturer of cream seperators and butter churns to a world leader in premium kitchen, laundry, floorcare and medical appliances.
Bosch weighs offer for appliance maker Whirlpool,
German engineering group Robert Bosch is weighing a bid for US appliances manufacturer Whirlpool, (WHR) according to three people familiar with the matter, a move that would boost its position in the household appliances market.
Bosch has been talking to potential advisers about the possibility of making an offer for Whirlpool, which has a market capitalisation of about $4.8 billion, one of the sources said.Bosch weighs offer for appliance maker Whirlpool,potential acquisition could significantly enhance Bosch’s position in the household appliance market, especially as competition with Asian rivals intensifies12. Whirlpool, founded in 1911, produces a wide range of home appliances, including refrigerators, microwaves, washing machines, dryers, and small kitchen appliances. The company has undergone restructuring, folding its European business into a new company controlled by Turkish rival Arcelik and divesting its Middle Eastern and African operations.
While it remains uncertain whether Bosch will make an official offer, the move aligns with Bosch’s strategy to expand its unit that manufactures large home appliances. If successful, the acquisition could reshape the landscape of the industry and potentially impact Benton Harbor, where Whirlpool’s headquarters are located.
Askoll China Enhances Facility and Expands Product Range
Askoll China recently completed the relocation of its facility to a more modern and efficient location. With a 30% increase in production capacity, the company is now poised to expand its product range, including high-efficiency BPM motors and fan solutions for the local market. Strategically situated in the economic heart of Qingdao, our new facility will meet customer needs more quickly and efficiently while maintaining our high quality standards. This milestone reflects our commitment to proactively address market challenges and foster continued growth in the sector.
Jonas Samuelson will leave Electrolux Group
Jonas Samuelson will leave the position as President & CEO of Electrolux Group on January 1, 2025. “I have had the privilege – Samuelson comments – to serve for what will become nine years as President & CEO, so I felt that early next year is a good time to hand over to a successor who can put all energy into leading this great company into the next phase during the coming years.
With SteelcoBelimed Miele is taking medical technology to the next level
Responsible authorities have approved the merger
The new company is one of the largest players on the global market
With four production sites, SteelcoBelimed will meet growing demand
There is a new player on the market for cleaning, disinfection and sterilization solutions for hospitals and the pharmaceutical industry: SteelcoBelimed. The joint venture, which has emerged from the Miele group company Steelco and the Metall Zug companies Belimed Infection Control and Belimed Life Science, is now starting operations under the brand SteelcoBelimed.
This follows the approval of the joint venture by the responsible authorities. Miele holds 67 % and Metall Zug 33 % of SteelcoBelimed via a holding company based in Zug, Switzerland. The declared aim of the Gütersloh-based family company is to significantly expand the business for commercial products and applications. “The Professional business of Miele is increasing its turnover share both organically and inorganically, from less than 15% a few years ago to more than 20% including the joint venture. It has become an indispensable pillar for our group in addition to our business with household appliances, given the growth opportunities, the innovation and technology focus and its different economic cycles”, explains Dr Axel Kniehl, Executive Director of Marketing & Sales at Miele and responsible board member of the Professional Business Unit.
The market for medical technology products is constantly growing, as well as the number of medical interventions. As a result, more instruments need to be reprocessed. The same applies to the pharmaceutical industry with a strong demand for new products and customer orientated solutions for a secured production environment.
SteelcoBelimed manufactures at four production sites: two in Italy, one in Switzerland and one in Slovenia. The joint venture combines the people, the strength, expertise and resources of both companies to create an innovative enterprise in the hospital/Infection Control sector and in the pharmaceutical/Life Science industry. The new company will benefit from a broad portfolio of appliances, digital solutions and fast innovation cycles.
Arçelik publishes its Sustainability Report
Arçelik’s commitment to sustainability is evident under the leadership of CEO Hakan Bulgurlu, a prominent figure in the global climate change dialogue. The group’s newly released Sustainability Report reflects this dedication, especially following the strategic acquisition of Beko Europe, which has positioned Arçelik as Europe’s leading brand.
The company’s “In Touch with Technology” approach is built on three foundational pillars: In Touch with the Planet, In Touch with People, and In Touch with Business. Arçelik pledges to uphold high reporting standards and maintain open and honest communication with stakeholders annually.
The 2023 Sustainability Report showcases Arçelik’s achievements throughout the year and outlines the roadmap for reaching its objectives and adding value for its stakeholders. The report provides a comprehensive overview of the company’s sustainability agenda, targets, and advancements, along with other key ESG metrics. The data and insights presented pertain to the operational period from January 1, 2023, to December 31, 2023, unless stated otherwise.https://www.bekocorporate.com/en/sustainability-report-2023/overview/
Vestel Ranks Among Turkey’s Top Three Most Valuable Brands
Vestel, a significant home appliance manufacturer operating in Turkey, has once again demonstrated its growing market influence by securing a spot among the top three in the Brand Finance study titled ‘Turkey’s Most Valuable Brands’. According to the 2023 results, the company has achieved a brand value of $917 million.
Duygu Badem Uylukcuoglu, the General Manager of Marketing at Vestel, highlighted the company’s pride in its export success, with products reaching 163 countries worldwide. The firm is focused on enhancing user experience through innovative designs and technologies, aligning with its vision to be a global technology company. Uylukcuoglu expressed, “Our experience-focused approach, the sports sponsorships we are proud to pioneer in Turkey, and our corporate social responsibility efforts work towards a more equitable future.”
De’Longhi expects growth in turnover and margins
The three-year period 2024-2026 the Treviso group expects an average annual growth of 7-9% in turnover and gross margins of 15-16% company writes that it expects a continuation of the favorable growth dynamics of the coffee machine segment, in particular those capable of processing coffee beans. Growth is also expected in the Nutrition area
, both in the world of products for domestic and professional use, as well as from the opportunities coming from the nutrition area thanks to the international development of the Nutribullet brand. De’Longhi also foresees expansion opportunities in other categories such as ironing.
Konka expanding
Shaanxi Konka Intelligent Home Appliances Co., a distinguished branch of the Konka Group and its sole smart kitchen appliance manufacturing hub in Northwest China, has successfully secured international orders surpassing 10,000 units for dishwashers this year. The primary markets for these exports are key European nations such as Germany, France, and Italy.
In a strategic move to broaden its market reach, the company is now venturing into the Central Asian region. It has already made inroads by exporting washing machines to Kazakhstan and is currently gearing up to dispatch its inaugural consignment of dishwashers to the Central Asian market.
