Annonce • Apr 22
Hitachi Global Life Solutions, Inc.entered into a definitive agreement to acquire 60% stake in Arçelik Hitachi Home Appliances (Thailand) Ltd. from Arçelik Anonim Sirketi (IBSE:ARCLK) for approximately $260 million. Hitachi Global Life Solutions, Inc. entered into a definitive agreement to acquire 60% stake in Arçelik Hitachi Home Appliances (Thailand) Ltd. from Arçelik Anonim Sirketi (IBSE:ARCLK) for approximately $260 million on April 21, 2026. A cash consideration of $261 million will be paid by Hitachi Global Life Solutions, Inc. As part of consideration, $261 million is paid towards common equity of Arçelik Hitachi Home Appliances (Thailand) Ltd.
The transaction is subject to customary closing conditions, including applicable regulatory approvals.The expected completion of the transaction is April 21, 2027. Annonce • Feb 20
Arçelik Anonim Sirketi, Annual General Meeting, Mar 16, 2026 Arçelik Anonim Sirketi, Annual General Meeting, Mar 16, 2026. Location: divan istanbul oteli, asker ocagi caddesi no:1 34367, elmadag sisli, istanbul Turkey Annonce • Feb 14
Beko (Arçelik A.S.) Announces CEO Changes Beko (Arçelik A.S.) on February 13, 2026 announced that Hakan Bulgurlu will step down as Chief Executive Officer as of the company's next General Assembly, concluding an 11-year tenure during which he led the company through a period of significant international expansion and sustainability transformation. He will be succeeded by Can Dinçer, currently General Manager of Arçelik Türkiye and Chief Commercial Officer for South Asia and Türkiye. Bulgurlu, who has spent 32 years within the Koç Group, will remain on the Board of Beko B.V. through June 2026 to ensure a seamless transition. He will also complete his term as President of APPLiA. Can Dinçer has held multiple leadership roles across Beko's international operations over a 33-year career spanning Türkiye, Europe, the Americas and Asia-Pacific. Throughout his tenure, Dinçer has played a pivotal role in strengthening the company's market position in Türkiye and delivering consistent commercial performance growth. He has also been instrumental in sustaining stable performance across the South Asia region, reinforcing execution discipline and customer-focused strategies in diverse and competitive markets. Annonce • Oct 02
Beko Announces Executive Appointments Beko announced a new senior level appointment. Ragip Balcioglu, who has been serving as Chief Commercial Officer of Beko in the Europe region for over 2 years and the CEO of Beko Europe for over 1 year has been appointed as Beko's Chief Marketing and Strategy Officer. Akin Garzanli, who had been serving as Beko's Chief Marketing Officer for over 3 years, has been appointed as Chief Commercial Officer of Beko in the Europe region and CEO of Beko Europe. He earned his bachelor's degree in industrial engineering from Istanbul Technical University in 1989 and an Executive Master's in Business Administration from Koç University in 1996. In 2019, he completed the Advanced Management Program at Harvard Business School. Balcioglu began his career in 1990 as Marketing Manager before joining Beko in 1992. After early roles in planning and purchasing, he moved to the UK in 1996 as Trading Manager of Beko UK. Over the following years, he advanced through a series of senior leadership roles — including Product Marketing Director, Product Management and Supply Director, and Sales Director — before serving as Country Manager for the UK and Ireland and Managing Director of Beko Plc (2011–2015). In 2015, he returned to headquarters as Chief Commercial Officer for Global Sales. After successful expansion of Beko's international business, he oversaw the restructuring of global operations and became Chief Commercial Officer for Europe, the Middle East, North Africa, and the Americas (2018–2023). Ahead of the creation of Beko Europe, a merger between Beko and Whirlpool Corporation, he was appointed Chief Commercial Officer for Europe in 2023 and later CEO of Beko Europe, where he successfully led the launch and integration of the new entity. Ragip Balcioglu, with his long-standing experience in marketing, commerce, and international sales, assumed his new role on October 1, 2025. He will be responsible for Beko's global strategy, marketing processes and managing the company's 22 global brands, complete product portfolio and marketing teams across 57 countries. In his new role, he will strengthen Beko's global marketing impact and accelerate its vision of becoming the world's number one home appliances company through consumer-centric, data-driven, and innovative strategies. Annonce • Mar 04
Arçelik Anonim Sirketi, Annual General Meeting, Mar 28, 2025 Arçelik Anonim Sirketi, Annual General Meeting, Mar 28, 2025. Location: divan istanbul oteli, asker ocagi caddesi, no:1 34367 elmadag sisli, istanbul Turkey Annonce • Apr 21
Arçelik Anonim Sirketi to Report Q1, 2024 Results on Apr 26, 2024 Arçelik Anonim Sirketi announced that they will report Q1, 2024 results on Apr 26, 2024 Annonce • Jul 23
Arçelik Anonim Sirketi Provides Earnings Guidance for the Full Year 2023 Arçelik Anonim Sirketi provided earnings guidance for the full year 2023. For the period, the company expects revenue growth to slow down due to the negatively affected purchasing power by the high inflationary environment, the increasing [indiscernible] and other taxes and the increasing interest rates that is reflected on credit cards. Annonce • Jul 13
Arçelik A. S Launches MARS Arçelik A. S has launched MARS, an online commerce platform to enhance sales operations and provide a seamless experience for trade partners. The MARS platform digitalizes manual orders, made through phone, fax, and email, to provide an efficient and seamless B2C-like customer experience for trade partners. The platform streamlines commerce processes among all Arçelik Global subsidiaries, providing faster fulfilment for sales orders, and boosting visibility with a channel where customers can easily access related data and support 24/7, helping drive efficiency and robust data security. The new platform will process millions of global product sales that Arçelik receives annually, lifting the heavy operational load on local sales offices which previously manually processed up to 50% of orders. After implementing the MARS portal, Arçelik's subsidiaries reported achievements such as efficiency and simplicity mobile support, ability to reach physically remote customers and elimination of human errors. With the help of the MARS project, the duration of average order creation is reduced to approximately 1 minute in total from 6. Besides time-saving, the portal provides high visibility of order status, real-time stock levels, customer-based pricing, product images & features, deliveries, invoices, payments, and the total turnover. Mars provides B2B customers with a seamless e-commerce experience encompassing basket creation, checkout, order tracking, pricing, and account monitoring. Previously, around 20% of subsidiary back-office personnel's time was spent manually inputting sales orders received via phone, email, fax, etc. Additionally, Arçelik's sales representatives encountered challenges in collecting around 40% of orders from geographically distant customers. By comparing the time one back-office personnel spent processing a single charge before and after the portal, the operational workload decreased by approximately 80%. Annonce • Jun 29
Arçelik Anonim Sirketi (IBSE:ARCLK) entered into a share purchase agreement to acquire Russian business of Whirlpool Corporation from Whirlpool EMEA S.p.A. for EUR 220 million. Arçelik Anonim Sirketi (IBSE:ARCLK) entered into a share purchase agreement to acquire Russian business of Whirlpool Corporation from Whirlpool EMEA S.p.A. for approximately EUR 220 million on June 27, 2022. The sale includes the entirety of the Company’s operations in Russia, including the Company’s manufacturing site in Lipetsk, Russia, and the sales organization in Moscow, Russia, as well as sales operations in Kazakhstan and other select CIS countries. The deferred payments are expected to be made over a ten-year period and are subject to a cap based on the net asset value of the business as of closing, which is currently estimated at approximately €220 million. The deal is expected to close in third quater of 2022, subject to regulatory approval and other customary conditions. After closing, the Lipetsk site will continue to manufacture appliances under the Indesit, Hotpoint and Stinol brands. Annonce • Dec 18
Arçelik and Hitachi Global Life Solutions Forms a Joint Venture in the Global Home Appliances Business (Excluding Japan) Arçelik A.S. and Hitachi Global Life Solutions, Inc. have signed a share purchase agreement to establish a new joint venture company. As part of the transaction, Hitachi GLS will establish a new company into which it will transfer its global home appliances business outside of Japan. Arçelik will acquire 60% ownership in the new company, which both partners aim to establish in the spring of 2021, subject to regulatory approvals and satisfaction of other customary conditions. The transaction value is calculated as USD 300 million on a cash-free and debt-free basis for 60% of the business, which is subject to customary adjustments based on the balance of net debt, net working capital of the Company, and minority shares adjustment for the outstanding minority shares as of the closing date. Arçelik and Hitachi GLS plan to build a competitive value chain leveraging the complementarity of both companies' strategies and create growth opportunities that will increase their access to new markets, enhance their product ranges and sales capabilities, while delivering increased competitiveness across supply chain and production operations. Arçelik has consistently expanded its home appliance business in over 145 countries around the world. The company has grown significantly in Europe in particular and achieved strong growth in South Asia over the last decade. Hitachi GLS currently operates its home appliance business mainly in Southeast Asia and the Middle East, where it enjoys a high-end brand image. The joint venture will manufacture, sell and provide after-sales services of Hitachi branded home appliances (including refrigerators, washing machines, vacuum cleaners etc.) globally outside of the Japanese market. Both partners will benefit from their complementarity in geographic coverage of sales channels and product line-ups as well as from management synergies arising from their collaboration. The joint venture encompasses twelve Hitachi GLS group companies outside Japan (two manufacturing companies, ten sales companies) and approximately 3,800 employees. The portfolio generates a revenue of over JPY100bn in sales (approximately $1.0bn). Leveraging the sales network of Arçelik and Hitachi GLS, the joint venture will expand the sales of Hitachi branded products in Europe, South Asia and Africa as well as South East Asia and the Middle East. In addition, Arçelik and Hitachi GLS will combine their expertise in other key areas such as R&D, procurement and production systems, in order to optimize the joint venture's global supply chain and strengthen its competitive positioning in the market. Annonce • Dec 17
Arçelik Anonim Sirketi (IBSE:ARCLK) signed a share purchase agreement to acquire 60% stake in global home appliances business excluding Japan from Hitachi Global Life Solutions, Inc. for transaction value of $300 million. Arçelik Anonim Sirketi (IBSE:ARCLK) signed a share purchase agreement to acquire 60% stake in global home appliances business excluding Japan from Hitachi Global Life Solutions, Inc. for transaction value of $300 million on December 16, 2020. The purchase price is on a cash-free and debt-free basis which is subject to customary adjustments based on the balance of net debt, net working capital and minority shares adjustment for the outstanding minority shares as of the closing date. Global Home Appliances Business encompasses twelve Hitachi GLS group companies outside Japan (two manufacturing companies, ten sales companies) and approximately 3,800 employees. The portfolio generates a revenue of over approximately $1 billion in sales. The transaction is subject to regulatory approvals and satisfaction of other customary conditions. Transaction is expected to close by April 1, 2021. Annonce • Nov 13
Arçelik A.S. and LG Electronics Inc Settle Patent Disputes Arçelik A.S. and LG Electronics Inc, recently settled all patent disputes related to refrigerator ice making technology and washing machine technology. Accordingly, lawsuits in Germany, France, and Spain have been terminated. Both parties are pleased the settlement brings the lawsuits to a conclusion and will allow both parties to focus on their business. Detailed terms and conditions of the settlement remain confidential. Annonce • Oct 13
Jiangsu Konka Smart Home Appliances Co. Ltd. acquired Beko Changzhou Plant from Arçelik Anonim Sirketi (IBSE:ARCLK). Jiangsu Konka Smart Home Appliances Co. Ltd. acquired Beko Changzhou Plant from Arçelik Anonim Sirketi (IBSE:ARCLK) on October 12, 2020.
Jiangsu Konka Smart Home Appliances Co. Ltd. completed the acquisition of Beko Changzhou Plant from Arçelik Anonim Sirketi (IBSE:ARCLK) on October 12, 2020. 
