# Arçelik completes creation of Beko Europe and acquisition of Whirlpool MENA operations

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.

- Type: Acquisition
- Announced: 2024-04-02
- Jobs: 20,000
- Status: completed
- Capacity: 24 million home appliance products per year
- Products: home appliances, consumer electronics, air conditioning, small domestic appliances

## Companies

- [Beko Plc](https://endata.com/companies/20688.md)
- [Arçelik Group](https://endata.com/companies/20689.md)
- [Whirlpool](https://endata.com/companies/3203.md) (target)
- [Whirlpool EMEA](https://endata.com/companies/65013.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/arcelik-launches-beko-europe-a-leading-provider-of-sustainable-home-appliances-in-europe-808328487.html), 2024-04-02: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.