The three Italian company Guzzini, Hausbrandt and Bofrost combined their know-how in a new project conceived for those who really love coffee. Guzzini creates a new coffee machine, designed by the renowned designer Carlo Colombo with a modern and refined style. It uses some Hausbrandt coffee mixtures exclusively created for Bofrost The machine is simple […]
GE Appliances acquisition by Haier is finally arrived to an end. Qingdao Haier Co., a Shanghai stock exchange listed company that is 41% owned by Haier Group and General Electric Company signed the closing documents, so marking the beginning of GE Appliances being part of Qingdao Haier. As previously announced, GE Appliances will continue to […]
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As part of Whirlpool Corporation’s commitment to producing products in the U.S. in a cost effective and environmentally efficient manner, the company announces a new step of the wind turbine project at its manufacturing plant in Ottawa, Ohio. The project objectives are to save money while offsetting the facility’s electrical consumption by more than 30 […]
In 2020, BrandSpark International has chosen to study the Air Fryer category for the first time and T-fal was voted the most trusted brand in Canada in this segment, reinforcing Groupe Seb position in the market. Each year, BrandSpark International surveys thousands of Canadian Shoppers in over 100 consumer categories to discover what brands they […]
IDeA Corporate Credit Recovery II (“IDeA CCR II”), the second fund of Italian financing DIP (Debtor-in-Possession), managed by DeA Capital Alternative Funds SGR (a DeA Capital Group company), acquired the majority of the share capital of Snaidero Rino SpA (“Snaidero”), Italian company, among the leaders in Europe in the production and distribution of modular kitchens. […]
According to GfK Temax, the UK market of home appliances closed the last year with a value growth of 2.8% for major appliances sector and an increase of 0.4% for small domestic devices. Consumer electronics and Brown Goods recorded a growth of 1.4%, while the total market of technical consumer goods (TCG) marked an increase […]
The Cafè brand operating under GE Appliances, a Haier company, announced two new products to its portfolio with the release of its Cafè Affetto Automatic Espresso Machine and Cafè Bellissimo Semi-Automatic Espresso Machine. Both appliances embody the brand’s tagline, “Distinct by Design” by adding sophistication to any countertop while also delivering on taste and flavor. […]
Hisense Europe, manufacturer of household appliances under the Hisense and Gorenje brands, received the EcoVadis silver medal. This recoctiotion, assigned to international business, ranks the company higher than 83% of all assessed companies, confirming its commitment to sustainable business practices and the company’s continuous efforts to reduce the impact on the planet and promote social […]
The Lg G4 Beat smartphone will make its debut this month in key markets in Europe and Latin America, including France, Germany and Brazil before rolling out globally in markets such as Canada, India, Russia, Singapore, South Africa and Turkey, among others. The Lg G4 Beat comes with a 5.2-inch Full HD IPS Display, which […]
Whirlpool Corporation has entered into an agreement to sell the Company’s Embraco compressor business to Nidec Corporation for a cash purchase price of 1.08 billion dollar, subject to customary working capital and indebtedness adjustments. The transaction is expected to close in early 2019, subject to regulatory approvals and other customary closing conditions. Headquartered in Brazil, […]
During the latest edition of KBIS held in Orlando, the trade fair dedicated to the kitchen and bathroom operators, Fulgor Milano presented a renewed catalog for the US market. The protagonist of the Italian company’s offer for the United States is Sofia, the cookers range with professional look that has evolved in terms of beauty […]
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