Arcelik AS - Company Profile
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Arcelik AS (Arcelik), a subsidiary of Koc Holding AS, manufactures, distributes, markets, and sells consumer electronics and consumer durable products. The company produces a wide range of home appliances and electronics. Its product portfolio includes washing machines, dryers, dishwashers, refrigerators, ovens, cookers, air conditioners, televisions, computers, ventilators, air humidifiers, hair dryers, kitchen gadgets, vacuum cleaners, deep freezers, hoods, water heaters, and stoves. Arçelik markets its products under Arçelik, Beko, Grundig, and Hotpoint, among others. The company operates production facilities in Turkey, China, Pakistan, South Africa, Romania, India, Russia, Bangladesh, Thailand, Italy, Poland, and the UK. It has a business presence across Europe, Africa, and Asia-Pacific. Arcelik is headquartered in Istanbul, Turkiye.
Headquarters
Turkey
Address
Karaagac Caddesi No:2-6 Sutluce, Beyoglu, Istanbul, 34445
Website
www.arcelikglobal.com
Telephone
90 212 3143434
No of Employees
45,805
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
ARCLK.E (IST)
Revenue (2024)
$13.2B
-6.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-477.9%
(2024 vs 2023)
Market Cap*
$1.1B
Net Profit Margin (2024)
XYZ
-507.7%
(2024 vs 2023)
* As of and is in US$
Arcelik AS premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Washing Machines | Maintenance, Repair, and Support | : |
| Dish Washers | After Sales Services | Arcelik |
| Dryers | Beko | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Plans/Strategy | In June, the company announced its plans to acquire the remaining 25% stake in Beko Europe from Whirlpool, a home appliance company. |
| 2026 | Contracts/Agreements | In April, the company entered into an agreement to sell a 40% stake in Arcelik Hitachi Home Appliances to Hitachi Global Life Solutions, a commercial company. |
| 2023 | New Products/Services | In July, the company launched MARS, an online commerce platform to enhance sales operations and provide a seamless experience for trade partners. |
Competitor Comparison
| Key Parameters | Arcelik AS | Samsung Electronics Co Ltd | LG Electronics Inc | De'Longhi SpA | Vestel Elektronik Sanayi Ve Ticaret AS |
|---|---|---|---|---|---|
| Headquarters | Turkey | South Korea | South Korea | Italy | Turkey |
| City | Istanbul | Suwon | Seoul | Treviso | Istanbul |
| State/Province | - | - | - | Veneto | - |
| No. of Employees | 45,805 | 128,271 | 37,835 | 10,431 | 11,822 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rahmi M. Koc | Chairman | Executive Board | 1984 | - |
| Omer M. Koc | Vice Chairman | Executive Board | 2008 | - |
| C. Can Dincer | Director; Chief Executive Officer | Executive Board | 2026 | - |
| Baris Alparslan | Chief Financial Officer | Senior Management | 2024 | - |
| Fatih Ozkadi | Chief Sustainability, Quality and Customer Care Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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