Dawlance

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Dawlance
TypePrivate
IndustryElectronics and Home Appliances
Founded1980
FounderBashir Dawood
HeadquartersKarachi, Pakistan
Area served
Pakistan
Key people
Hakan Burgurlu, Umar Ahsan Khan
ProductsRefrigerators, Air Conditioners, Deep Freezers, Washing Machines, Vacuum Cleaners, Dishwashers, Water Dispensers, Microwave Ovens, Small Kitchen Appliances, Kitchen Hoods, Gas Hobs & Built-in Ovens
Revenue$220.6 million
OwnerKOC Holding AS
Number of employees
4000
ParentArçelik
Websitewww.dawlance.com.pk

Dawlance is a Pakistani home appliances brand which is a subsidiary of Turkish company Arçelik. It is based in Karachi. Founded in 1980, it was acquired by Istanbul-based Arçelik in 2016.[1]

Dawlance has three factories, two sites in Karachi and one in Hyderabad, with a total of 4,000 employees.[2] It manufactures washing machines, freezers, split air conditioner and microwave ovens.

In 2015, Dawlance had revenues of $220.6 million selling product's in Pakistan and Middle East. Similarly, its EBITDA earnings amounted to $45 million. It has 37 branches in addition to 750-plus franchises across the country [3]

It was acquired by Arçelik in November 2016 for $258m, and since then function's a wholly owned brand for Arçelik.[4]

References[edit]

  1. ^ Ali, Ahmed. "TURKISH BASED ARCELIK ACQUIRE DAWLANCE GROUP FOR $258MN". Business Recorder. Retrieved 11 July 2016.
  2. ^ Khan, Aamir Shafaat. "Steady business growth in home appliances". Dawn. Retrieved 11 July 2016.
  3. ^ "Turkish company to acquire Dawlance for $258 million - The Express Tribune". The Express Tribune. 2016-07-01. Retrieved 2016-10-31.
  4. ^ "Arçelik to finalise Dawlance acquisition by November 7 - The Express Tribune". The Express Tribune. 2016-10-31. Retrieved 2016-10-31.

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