Arcelik to acquire MENA operations of Whirlpool.

Arcelik, a Turkish multinational household appliances manufacturer, agreed to acquire MENA operations of Whirlpool, a home appliances manufacturer. Financial terms were not disclosed. "I am delighted to witness the successful completion of our strategic move to acquire Whirlpool's MENA operations. Arçelik is a leading global company in the home appliance industry with 55,000 employees and 45 production facilities. Soon, it will be adding a state-of-the-art factory in Egypt, which stands on the cusp of operation, ready to bring innovation and excellence to the market. With this new integration, we are inching closer to our ambition to become the number one home appliances company in the region," Akin Garzanli, Arcelik CMO.