First phase of the 136th Canton Fair, held from October 15-19, is underway. The Electronics & Appliance Category features over 3,000 exhibitors, with a total of 193,700 products uploaded to the online platform which marks a 47.41% increase compared to the previous session.Galanz, a key exhibitor, is showcasing over 200 products across more than 10 categories, including integrated appliances such as microwaves, refrigerators, and smart home solutions. “At this session, Galanz’s exhibition booth is the largest it has ever been,” a Galanz representative stated.
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Galanz enters partnership with Kenmore appliances
Galanz Americas LimitGlobal leader in home appliances, Galanz Americas, announced that it has entered into a partnership with iconic home appliance brand, Kenmore.
The current product portfolio will feature a range of affordable innovative kitchen appliances including a healthy mix of compact refrigeration, wine and beverage coolers and various countertop and over the range microwave offerings. Combining brand ethos from both Galanz and Kenmore, all products have been thoughtfully engineered to fit perfectly into the lives of consumers both in form and function, designed to enhance the lives of all who use them.
“For over 100 years, Kenmore has been in millions of American homes impacting everyday lives with innovative appliances,” said Sri Solur, CEO of Kenmore. “This partnership is an example of our commitment to expanding our portfolio to reach as many Americans as possible.”
The Kenmore products will cover high-demand kitchen appliance categories at an attainable value with the option to expand the current portfolio into other categories. They will be available both online and in store with national retailers early 2023.
“Kenmore is a mainstay brand with an incredible performance reputation in the home appliance industry with over 100 years of trust built with customers” said Richard Demert, Senior Director of Product Development and Quality, Galanz Americas. “We’re excited to combine Kenmore’s unmatched brand recognition with Galanz’ commitment to thoughtfully engineered, design-driven appliances to present a unique and exciting product offering to the market.”
Collectively, Galanz and Kenmore believe appliances should work hard and improve the lives of consumers. Each product in this new appliance portfolio was carefully designed to offer innovative features that not only make the day to day easier to navigate but look good while doing so.
Galanz launch range of small kitchen appliances
Galanz USA has launched a new line of small kitchen appliances ( Ska ), including 6 new products, designed for space-saving and multifunctional cooking. «Our new Ska collection addresses the home cooking trends we are seeing in the marketplace –
commented Courtney Royko, senior director of product development and marketing, Galanz Americas -. Consumers are seeking affordable appliances with innovative, multifunctional, space-saving features. Through thoughtful research and refinement, Galanz created this new line of sleekly designed, feature-rich, value-priced appliances home chefs will use and enjoy for many years». The small kitchen appliance collection will start launching mid-June and rollout during Q3 at retailers nationwide.
The new Galanz Ska Collection includes the 32L digital toaster oven with quartz heating (GTS311S2EWAQ18), for 30% faster cooking. It features 12 presets such as air fry, dehydrate, pizza, toast, bagel, roast, vookie, convection, broil, rotisserie, bake, and warm. Galanz Grind & Brew Coffee Maker (GLDC12S110A), instead, is a 12-cup drip coffee maker with built-in conical burr grinder. The collection also includes the Multifunctional Air Fryer/Grill (GLSCX608S1A15) with 8 pre-programmed settings: sauté, slow cook, roast, steam, rice, grill, sous vide, and air fry, plus automatic keep warm; the Hot/Cold High-Speed Blender (GLCB60ES210A) with dedicated heating functions for cooking, 8 pre-programmed functions; smoothie, frozen drinks, milkshake, ice.
Galanz to buy whirlpool China
Home appliance manufacturer Galanz Group’s acquisition of the Chinese unit of United States’ white goods maker Whirlpool will help it to diversify its business, a top company official said.
“Growth, no matter what happens, along with high-quality development, will be our core strategy this year,” said Liang Zhaoxian, chairman of Galanz, during the company’s annual meeting on Sunday.
After over 200 days of antimonopoly investigation by authorities in the United States, China, Brazil, Germany, Turkey, Austria and Colombia, Galanz was given the go-ahead for the acquisition deal, according to Liang.
“The approval means all shareholders of Whirlpool China can sell their shares to Galanz. It would be a historical milestone for us,” said Liang.
Last August, the Chinese firm said that it would accept no less than 51 percent of Whirlpool China’s equity and a maximum of 61 percent, according to Liang.
“Galanz will focus on upgrading technology, brand and supply chains for business growth this year. The acquisition of Whirlpool China is part of our strategy to help diversify brands and promote sustainable business growth,” said Liang.
The acquisition, which is equal to 2.46 billion yuan ($370 million), will start on Wednesday and end on April 29. Whirlpool China’s stock price was down 6.48 percent at 7.65 yuan per share on Tuesday.
“It was not simply a cooperation between a Chinese company and a Fortune Global 500 company－Chinese home appliance makers will be more competitive in the global market as they have now developed core technologies in the self-innovative industrial chain,” said Liang.
According to Liang, Galanz plans to build two purchasing technology quality control centers in South China and East China in the near future.
“We will build a new market, bring in advanced technology, products and services to consumers in China, as well as the world,” said Liang.
Galanz, which is Whirlpool’s third-largest global supplier, intends to help Whirlpool China to improve management efficiency, enhance profitability and ensure stable development, said Liang Huiqiang, vice-chairman of Galanz.
After acquiring a combined majority stake in Japanese kitchen appliance maker Zojirushi in January last year, Galanz has been vying for more brands to diversify its business.
Teaming up with Whirlpool and Zojirushi will help Galanz to enter a rapid business expansion in the near future, according to Liang.
“Having multiple brands and diversified businesses is the future development trend for various consumer groups,” said Liang.
The Guangdong-based company has been looking for more than 10,000 workers to boost its production capacity this year, due to increased orders from overseas buyers.
After posting a 212 percent year-on-year growth in sales last year, the company is expecting overseas orders to rise by 90 percent on a yearly basis during the first quarter of this year, according to Liang.
“The production capacity of refrigerators will increase by more than 80 percent this year,” said Liang.
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