Hisense is one of the world’s biggest makers of TV and household appliances with production facilities around the world, including in Europe.
About Hisense
Founded in 1969, Hisense is one of the largest consumer electronics and home appliances company in the world. Hisense offers a broad range of technology driven products that are manufactured and distributed across the world including smart TVs, smart phones, refrigerators, freezers, and air conditioners, among other products. Hisense has a workforce of over 80000 worldwide and its flat-panel TV market share in China has been No.1 for 14 consecutive years. Currently, Hisens
Dubai, United Arab Emirates, April 7, 2018: Hisense® a leading television and appliance manufacturer and UEFA EURO 2020™ partner, has acquired the Slovenian home appliances producer Gorenje for 339 million U.S. dollars, which is viewed as one of the largest acquisitions in the Slovenian history. The acquisition procedure was completed in August 2018. Both companies will work together to enhance product ranges efficiencies thereby bringing to market products that enhance people’s convenience & lifestyle at home.
With this acquisition, Gorenje Gulf FZE, a fully owned subsidiary of Gorenje is now officially merged with Hisense Middle East, a set-up in late 2012 by the Chinese electronics giant in the UAE. Both teams operate and manage from the Hisense Middle East office.
Earlier, The European Commission approved the acquisition of the household manufacturer Gorenje by Hisense Group. The transaction has no competition concerns given the companies’ limited combined market positions.
