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Arçelik's subsidiary Beko B.V. closed the Contribution Agreement with Whirlpool to create Beko Europe, and Arçelik acquired full ownership of Whirlpool's MENA operations. Beko Europe has 20,000+ employees and 11 production sites.
“Today marks the successful completion of the definitive Contribution Agreement between Arçelik's wholly owned subsidiary Beko B.V. and Whirlpool Corporation's wholly owned subsidiary Whirlpool EMEA Holdings LLC, and the creation of Beko Europe.”newswire.ca
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