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Arçelik and Hitachi Global Life Solutions Launch a New Joint Venture, Arçelik Hitachi Home Appliances

Arçelik and Hitachi Global Life Solutions Launch a New Joint Venture, Arçelik Hitachi Home Appliances
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Global Vacuum Insulation Panels (VIPs) Market Overview 2021: COVID-19 Impacts, Profiles of 47 Companies & Industry Guide Containing Contact Details for 73 Companies

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Going into 2021, VIPs demand is forecast to pick up in all applications. VIPs demand in cold chain logistics is anticipated to post a robust growth during 2020-2021, amid the huge demand from COVID-19 vaccination programs, recording huge YoY growth rates.
This report reviews, analyzes and projects the global Vacuum Insulation Panels (VIPs) market for the period 2017-2026 in terms of both market volume in million square meters and value in US$; and the compound annual growth rates (CAGRs) projected from 2019 through 2026. Focus on COVID-19 s impact on the market, concentrating on YoY growth rates for 2019, 2020 and 2021. ....

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Arcelik and Hitachi Global Life Solutions Announce their Intention to Form a Joint Venture in the Global Home Appliances Business (excluding Japan) – IT Business Net

Arcelik and Hitachi Global Life Solutions Announce their Intention to Form a Joint Venture in the Global Home Appliances Business (excluding Japan) – IT Business Net
itbusinessnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusinessnet.com Daily Mail and Mail on Sunday newspapers.

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IT News Online - Arcelik and Hitachi Global Life Solutions Announce their Intention to Form a Joint Venture in the Global Home Appliances Business (excluding Japan)

Arcelik and Hitachi Global Life Solutions Announce their Intention to Form a Joint Venture in the Global Home Appliances Business (excluding Japan)
JCN Newswire
2020-12-17
TOKYO, Dec 17, 2020 - (JCN Newswire) - Today Arcelik A.S. (ARCLK:IST, Arcelik ) and Hitachi Global Life Solutions, Inc. (Hitachi GLS) have signed a share purchase agreement to establish a new joint venture company. As part of the transaction, Hitachi GLS will establish a new company into which it will transfer its global home appliances business outside of Japan. Arcelik will acquire 60% ownership in the new company, which both partners aim to establish in the spring of 2021, subject to regulatory approvals and satisfaction of other customary conditions. ....

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GLOBAL BUSINESS SUMMARY: Hitachi To Form Home Appliances Joint Venture

GLOBAL BUSINESS SUMMARY: Hitachi To Form Home Appliances Joint Venture
Wed, 16th Dec 2020 12:38
(Alliance News) - The following is a round-up of updates by global companies, issued on Wednesday and not separately reported by Alliance News:
Hitachi Ltd - Japanese conglomerate - Arcelik AS and Hitachi Global Life Solutions Inc sign a share purchase agreement to create a new joint venture company focused on global home appliances, excluding Japan. Hitachi GLS will establish a new firm and transfer its global home appliance business outside of Japan into it, with Arcelik then acquiring a 60% ownership of the new company. Both partners hope to establish this new joint venture in spring 2021, provided regulatory approval and other conditions are met. The transaction value of the deal is calculated to be USD300 million for the 60% stake. ....

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