Beko

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Beko Elektronik A.Ş.
Former type Public company (Turkish: Anonim Şirket)
Industry Major appliances
Small appliances
Electronics
Technology
Fate Acquired by Arçelik A.Ş.
Founded 1967
Founder(s) Vehbi Koç
Defunct June 2009 (2009-06)
Headquarters Istanbul, Turkey
Key people Vehbi Koç (Founder)
Products Products
Laundry machines and dryers
Refrigerators
Freezers
Dishwashers
Kitchen stoves
Room air conditioners
Microwaves
Ovens
Counter top appliances
Audio products
Visual products
TV sets
Laptop computers
Computer-related electronics
Media products
Owner(s) Arçelik
Website beko.com

Beko is a Turkish domestic appliance and consumer electronics brand of Arçelik A.Ş.[1] controlled by Koç Holding.

Beko Elektronik A.Ş. (later Grundig Elektronik A.Ş.) was a Turkish consumer electronics manufacturer, owned by Arçelik.

In 2004, Beko Elektronik purchased Grundig and by January 2005, Beko and its rival Turkish electronics and white goods brand Vestel accounted for more than half of all TV sets manufactured in Europe.[2]

In April 2008, Beko Elektronik A.Ş. renamed itself Grundig Elektronik A.Ş.[3]

At the Extraordinary General Shareholders Meeting of Arçelik A.Ş. on 29 June 2009, it was decided to merge Arçelik A.Ş. with the company's subsidiary, Grundig Elektronik A.Ş. (to be administered directly by the headquarters of the Arçelik Group) by taking over all of Grundig's assets and liabilities in whole.[4]

"Beko" is a budget brand name and continues to be in use for a number of Arçelik Group products such as television sets,[5] refrigerators, washing machines and dishwashers, in several countries.[6]

Beko is the official sponsor of the FC Barcelona, Turkish, German, Italian and Lithuanian premier basketball leagues, as well as the Aris Salonika football team in Greece.

References[edit]

  1. ^ Arçelik A.Ş.: Brands
  2. ^ Boulden, Jim (17 January 2005). "Turkey switches on to TV market". CNN.com. Retrieved 21 November 2011. 
  3. ^ "Koç Holding A.Ş. – Board of Director's Report – Annual Report 2008" (PDF). Koç Holding. Retrieved 13 June 2012. 
  4. ^ "Annual Report 2009" (PDF). Arçelik A.Ş. Retrieved 13 June 2012. 
  5. ^ Beko Türkiye: LED Televizyonlar
  6. ^ "Beko Brands". beko.co.uk. Retrieved 21 June 2012. 

External links[edit]