Webb28 jan. 2024 · Philips said on Tuesday it would carve out the domestic appliances business, which produces coffee machines, vacuum cleaners and airfryers and generated 2.3 billion euros ($2.6 billion) in sales ... Webb25 mars 2024 · The business employs approximately 7,000 employees globally. “I am convinced that together with Hillhouse Capital’s deep e-commerce, supply chain and digital expertise, we will be in a great position to continue bringing meaningful innovations to the consumer’s homes,” said Henk de Jong, CEO of Philips Domestic Appliances.

Pitch Best Deal 2024: Hillhouse Capital - Philips Domestic Appliances

Webb25 nov. 2024 · The transaction values Domestic Appliances, a global leader with €2.2bn sales in 2024 in kitchen, coffee, garment care and home care appliances, at an … WebbHousehold products & domestic appliances Philips India Household Products Food Preparation Cooking Ironing Air Purifier Search for your product Search by product … raymour flanigan couch wouldnt fit

Philips to sell domestic appliances business Nasdaq

WebbInformation about Philips We're a health technology company improving people's health and well-being through meaningful innovation Future Health Index Healthcare hits reset … Webb17 mars 2024 · Portfolio Allocation Completed: With the divestment of the domestic appliances business in September 2024, Philips concluded its line of major divestments, which started in 2013 with the sale of the TV business. As a result, Philips is now close to a pure health technology company with some diversification into consumer health products. Webb16 apr. 2024 · In January 2024, Philips announced that it would be considering new ownership options for Domestic Appliances, and committed to finding the right home for the business to ensure that it is set up for continued success serving customers, leveraging the Philips brand and driving growth across the markets that it serves. simplify storage nyc