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Arcelik

Consumer Discretionary

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Arcelik A.S. is a Turkish multinational manufacturer of household appliances headquartered in Istanbul and a subsidiary of Koc Holding, founded in 1955. The company makes and markets major appliances such as refrigerators and washing machines as well as small appliances including vacuum cleaners and coffee makers, selling under brand names that include Beko, Grundig, Dawlance and Blomberg, through 15 production plants in Turkey, Romania, Russia, China, South Africa and Thailand and more than 4,500 branches in Turkey alone. Arcelik is the market leader in Turkey's appliance sector, active in more than 100 countries through 13 international subsidiaries, and reported revenue of about 13.28 billion US dollars and roughly 55,000 employees in 2024.

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