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'''Dawlance''' is a Pakistani [[Major appliance|home appliance]]s 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.<ref>{{cite news|url=http://www.brecorder.com/pakistan/industries-a-sectors/307363-turkish-based-arcelik-acquire-dawlance-group-for-$258mn.html|title=TURKISH BASED ARCELIK ACQUIRE DAWLANCE GROUP FOR $258MN|publisher=Business Recorder|last1=Ali|first1=Ahmed|accessdate=11 July 2016}}</ref>
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Dawlance has three factories, two sites in [[Karachi]] and one in [[Hyderabad, Sindh|Hyderabad]], with a total of 4,000 employees.<ref>{{cite news|url=http://www.dawn.com/news/1099652|title=Steady business growth in home appliances|publisher=Dawn|last1=Khan|first1=Aamir Shafaat|accessdate=11 July 2016}}</ref> It manufacture's washing machines, freezers, [[split air conditioner]] and [[microwave oven]]'s.

In 2015, Dawlance had revenues of $220.6 million selling product's in Pakistan and [[Middle East]]. Similarly, its [[Ebitda|EBITDA]] earnings amounted to $45 million. It has 37 branches in addition to 750-plus franchises across the country <ref>{{Cite news|url=http://tribune.com.pk/story/1134014/turkish-company-acquire-dawlance-258-million/|title=Turkish company to acquire Dawlance for $258 million - The Express Tribune|date=2016-07-01|newspaper=The Express Tribune|language=en-US|access-date=2016-10-31}}</ref>

It was acquired by [[Arçelik]] in November 2016 for $258m, and since then function's a [[Wholly owned subsidiary|wholly owned]] brand for [[Arçelik]].<ref>{{Cite news|url=http://tribune.com.pk/story/1216572/arcelik-finalise-dawlance-acquisition-november-7/|title=Arçelik to finalise Dawlance acquisition by November 7 - The Express Tribune|date=2016-10-31|newspaper=The Express Tribune|language=en-US|access-date=2016-10-31}}</ref>


==References==
==References==

Revision as of 16:04, 9 January 2021

Dawlance
Company 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
WebsiteDawlance

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 manufacture's washing machines, freezers, split air conditioner and microwave oven's.

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

  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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