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/
Daniele Rossi ambassador for LG built-in
LG Electronics is thrilled to announce a new partnership with renowned chef consultant and digital influencer Daniele Rossi. With a robust following of over 4 million, Rossi is set to become the face of LG’s 2024 built-in appliances collection.
Through a tailored social media campaign, Daniele Rossi will demonstrate the multifunctional capabilities and cutting-edge technology of LG’s integrated appliances. Rossi will simplify sophisticated cooking methods like air frying, steam cooking, and sous-vide, making them accessible to all through his expert tips and the user-friendly nature of LG’s innovations. Additionally, Rossi’s insights will be shared across LG’s official digital channels, bringing his culinary expertise to a broader audience.
SharkNinja summerofsport campaign
SharkNinja has announced new partners Peter Crouch, Thierry Henry and Bastian Schweinsteiger and launched their SummerOfSport campaign
AMDEA
AMDEA calls on the next Government to encourage more safe repairs of appliances through reducing VAT on spare parts –
Midea Group take over Teka Group
After the conclusion of a competitive sales process, our shareholder HERITAGE B has reached an agreement to divest Teka Group to Midea Group, including all operations related to appliances and sinks and the group’s three brands: Teka, Küppersbusch and Intra. Becoming part of Midea Group will increase our capabilities in different strategic and operational areas, enhancing our competitiveness in an increasingly complex and dynamic market. This transaction will undoubtedly enable us to strengthen our competitive position, opening a new era for Teka Group whilst safeguarding our legacy with over 100 years of history. Founded in 1968, Midea is a listed technology group with more than 190,000 employees worldwide. Headquartered in Foshan, Guangdong province (China), the Asian group closed 2023 with a turnover of 48 billion euros. Midea’s business activities include household appliances, air conditioning products, services and components for industry, robotics and automation. The deal is subject to the required approvals by relevant regulators. The closing of the transaction is expected in the coming months. Teka Group closed 2023 with c.€600m of gross sales and an adjusted EBITDA margin of 7%, a particularly positive and resilient profit performance despite post-Covid market adjustments, and supply chain issues, amongst others
ASKO APPLIANCES AB announce the launch of ASKO Germany
ASKO APPLIANCES AB announce the launch of ASKO Germany.
The launch officially took place during the MHK Group AG General Meeting program in Berlin from May 24 to 25. ASKO unveiled its range of premium built-in kitchen appliances at the “living & style” exhibition in Estrel Congress Center, where the members of the MGH Group gathered to explore the latest trends and innovative technologies in the kitchen industry from the top speakers, prominent guests and exhibitors.
“ASKO’s minimalistic Scandinavian design and use of high-quality materials received very positive feedback,” says Robert Kapteijn, Business Director ASKO Germany. “ASKO exclusive collection of kitchen appliances is available only to German MHK Group members from now on. We are very much looking forward to shortly fulfilling the first showroom orders.”
MHK Group AG is one of the leading groups of kitchen, furniture and sanitary purchasing cooperatives in Europe ensuring optimal services, innovative products and technologies. With more than 3,800 members, who earned turnover of 9.727 billion euro in 2022, around 600 employees in 17 service companies, the MHK Group is a strong partner for medium-sized commercial and trade companies.
ASKO kitchen products are available on the German market only under the exclusive dealership of MHK Group.
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.”
LG Electronics Unveils STEM Refrigerators with Direct Water Line for Ice and Purification
LG Electronics is introducing a new refrigerator brand called STEM that directly connects to a water line to produce purified water and ice. The company plans to expand the STEM lineup to more than half of its premium French-door refrigerator models and position it as a driving force for its appliance subscription service.
The STEM refrigerators address user complaints associated with traditional ice makers that require manual water refilling and cleaning of the water tank. By directly channeling water through a dedicated line, STEM enhances hygiene while offering options like craft ice, cube ice, mini cubes, and crushed ice.
The brand name, derived from the word “stem” representing how plants transport water and nutrients, symbolizes the delivery of clean water and ice through the direct water line. STEM models come in two variants: with and without a water dispenser Equipped with an AI Energy-Saving Care system, the refrigerators learn usage patterns and maintain consistent temperatures by adjusting to concentrated cooling modes during peak usage times, such as mornings when doors are frequently opened.
Through the LG ThinQ app, an Energy Saving Mode powered by AI will be added later this year, further exemplifying LG’s commitment to upgradeable appliances.
The UV Nano feature automatically disinfects the water dispenser nozzle with UV LED lights every hour for 10 minutes. A three-stage purification filter reduces nine types of heavy metals and fine particles while removing bacteria like E. coli and viruses that can cause food poisoning, such as norovirus.LG Electronics plans to expand the STEM lineup to more than half of its premium French-door refrigerator models. The company aims to accelerate its appliance subscription service using STEM as a key offering. Subscribers will receive periodic visits from care managers who will clean the refrigerator, perform maintenance checks, and replace consumables like filters. Complimentary repairs are covered throughout the subscription period, or customers can opt to purchase the product outright and subscribe only to the care service.
Currently, LG Electronics offers subscription plans for 21 product categories, including water purifiers, refrigerators, ice and water dispensers, kimchi refrigerators, air conditioners, washing machines, washer-dryer combos, and TVs.
SMEG Award winner
SMEG BLC02 high performance blender is award winning! It scooped 1st place at the T3 magazine awards for best blender thanks to its powerful motor and versitile features, helping you prepare the very best smoothies, nut butters, milks and frozen fruit deserts.
WHITEGOODSNOW 