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283:
The acquisition drew attention due to the significant increase in the value of
Dawlance Electronics, which had been sold to Pan Asia Equity Limited by Bashir Dawood in 2013 for just $ 3.3 million. The State Bank of Pakistan sought clarifications regarding the rapid appreciation in the company's value
276:. The acquisition was carried out by Ardutch BV, a subsidiary of Arçelik, which purchased United Refrigeration (Private) Limited and Dawlance (Private) Limited from Bashir and Mariyam Dawood for $ 148 million, and Dawlance Electronics (Private) Limited from Pan Asia Equity Limited, based in the
317:
113:
Refrigerators, Air
Conditioners, Deep Freezers, Washing Machines, Vacuum Cleaners, Dishwashers, Water Dispensers, Microwave Ovens, Small Kitchen Appliances, Kitchen Hoods, Gas Hobs & Built-in Ovens
1496:
299:' "offshore leaks", which highlighted his connection to Golden Lake Ventures Group Inc in the British Virgin Islands, adding to the controversies surrounding the business transactions.
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earnings amounted to $ 45 million. It has 37 branches in addition to 750-plus franchises across the country
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231:, as a manufacturer of refrigerators. In 1988, the company expanded its product line by introducing
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In 2015, Dawlance had a revenue of $ 220.6 million selling product's in
Pakistan and
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481:"DG Tanveer briefs Nisar Khan on money laundering case against Bashir Dawood"
422:"Turkish company to acquire Dawlance for $ 258 million - The Express Tribune"
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404:"Arçelik joint venture may bring Hitachi household electronics to Pakistan"
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and the potential involvement of Dawood with Pan Asia Equity
Limited.
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368:"DAWLANCE (Private) Limited: The Air Fryer Microwave Oven Launch"
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Dawlance was founded in 1980 by Bashir Dawood, a member of
513:"Rs19 billion bank accounts of Bashir Dawood, wife frozen"
318:"TURKISH BASED ARCELIK ACQUIRE DAWLANCE GROUP FOR $ 258MN"
447:"Arçelik to finalise Dawlance acquisition by November 7"
495:"FBR recovers Rs6.2 bn evaded tax from business group"
297:
International
Consortium of Investigative Journalists
533:"Bashir Dawood | ICIJ Offshore Leaks Database"
207:, with a total of 4,000 employees. It manufactures
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1497:Mergers and acquisitions of Pakistani companies
238:In the mid-1990s, Dawlance began manufacturing
184:brand which is a subsidiary of Turkish company
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8:
19:
1492:Pakistani subsidiaries of foreign companies
559:- Steady business growth in home appliances
345:"Steady business growth in home appliances"
199:Dawlance has three factories, two sites in
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572:
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268:for $ 258m, and since then functions as a
25:
18:
1472:Electronics companies established in 1980
1482:Home appliance manufacturers of Pakistan
1467:Manufacturing companies based in Karachi
1507:Pakistani companies established in 1980
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192:. Founded in 1980, it was acquired by
366:Haque, Ehsan ul (September 6, 2020).
264:In November 2016, it was acquired by
7:
402:Report, Profit (December 26, 2020).
320:. Business Recorder. Archived from
250:and water dispensers in Pakistan.
14:
1512:Electronics companies of Pakistan
372:Asian Journal of Management Cases
1443:
287:Following the acquisition, the
105:Hakan Bulgurlu, Umar Ahsan Khan
16:Pakistani home appliances brand
211:, washing machines, freezers,
1:
1502:2016 mergers and acquisitions
1477:Consumer electronics brands
554:Dawlance - Official website
291:temporarily froze Dawood's
1533:
602:
24:
408:Profit by Pakistan Today
384:10.1177/0972820119858521
196:-based Arçelik in 2016.
537:offshoreleaks.icij.org
518:The News International
289:State Bank of Pakistan
278:British Virgin Islands
386:– via CrossRef.
343:Khan, Aamir Shafaat.
213:split air conditioner
280:, for $ 94 million.
1010:JS Global Lifestyle
922:Fisher & Paykel
483:. December 9, 2016.
451:The Express Tribune
426:The Express Tribune
137:Number of employees
21:
865:White-Westinghouse
793:De Dietrich Remeha
499:www.thenews.com.pk
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257:. Similarly, its
188:. It is based in
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1487:Pakistani brands
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1451:Companies portal
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1200:Peerless-Premier
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240:air conditioners
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1131:Morphy Richards
860:Parkinson Cowan
778:Colston-Ariston
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244:microwave ovens
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217:microwave ovens
182:home appliances
180:is a Pakistani
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121:$ 220.6 million
102:
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52:Home Appliances
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378:(2): 129–146.
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324:on 2 July 2016
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130:Koç Holding AŞ
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1517:Dawood family
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1027:Khind-Mistral
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949:Proctor Silex
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293:bank accounts
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233:deep freezers
230:
229:Dawood family
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69:Bashir Dawood
68:
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32:
28:
23:
1309:Black+Decker
1057:Magic Bullet
988:InSinkErator
626:
536:
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489:
455:. Retrieved
453:. 2016-10-31
450:
441:
430:. Retrieved
428:. 2016-07-01
425:
416:
407:
375:
371:
361:
349:. Retrieved
338:
326:. Retrieved
322:the original
316:Ali, Ahmed.
311:
286:
282:
270:wholly owned
263:
252:
237:
226:
198:
177:
176:
74:Headquarters
34:Company type
1329:Toastmaster
1195:Pars Khazar
1087:Rangemaster
662:Voltas Beko
255:Middle East
203:and one in
89:Area served
48:Electronics
1461:Categories
1408:KitchenAid
1274:SharkNinja
1151:Mr. Coffee
1121:Mitsubishi
1062:Magic Chef
850:Kelvinator
845:Frigidaire
830:Electrolux
736:Constructa
679:Bertazzoni
457:2016-10-31
432:2016-10-31
303:References
272:brand for
101:Key people
1425:Zojirushi
1398:Bauknecht
1383:Whirlpool
1378:West Bend
1351:Vestfrost
1319:Remington
1178:Panasonic
1141:Crock-Pot
1082:La Cornue
1032:Kleenmaid
897:Giacomini
798:De'Longhi
783:Cuisinart
766:Thermador
667:Whirlpool
209:airfryers
205:Hyderabad
165:.dawlance
1403:Jenn-Air
1363:Videocon
1336:Sub-Zero
1304:Spectrum
1289:Skyworth
1247:Moulinex
1205:Pensonic
1072:Middleby
1042:Liebherr
937:Hotpoint
741:Gaggenau
709:Kambrook
704:Breville
684:Bialetti
647:Hotpoint
627:Dawlance
194:Istanbul
178:Dawlance
110:Products
94:Pakistan
82:Pakistan
44:Industry
20:Dawlance
1388:Admiral
1373:Vorwerk
1252:Rowenta
1225:Samsung
1215:Pyramis
1210:Philips
1168:Olympic
1161:Sunbeam
1092:Rayburn
1022:Kenmore
1015:Joyoung
971:Gorenje
961:Hisense
956:Havells
870:Zanussi
815:Dustbot
803:Kenwood
773:Bticino
761:Siemens
756:Profilo
689:Bissell
674:Ariston
652:Indesit
642:Hitachi
637:Grundig
612:Arçelik
351:11 July
328:11 July
274:Arçelik
266:Arçelik
223:History
201:Karachi
190:Karachi
186:Arçelik
158:Website
152:Arçelik
118:Revenue
78:Karachi
66:Founder
58:Founded
38:Private
1430:Zyliss
1413:Maytag
1368:Voltas
1356:Finlux
1346:Vestel
1269:Servis
1146:Holmes
1136:Newell
1126:Moffat
1109:Eureka
1097:Viking
1067:Medion
1003:Scooba
998:Roomba
993:iRobot
932:Hoover
892:Gaggia
887:Fulgor
810:Dualit
751:Pitsos
657:Inglis
617:Arctic
597:brands
347:. Dawn
259:EBITDA
147:Parent
1420:Winia
1393:Amana
1341:Tiger
1299:Snowa
1284:Sisil
1279:Sharp
1262:Tefal
1257:Supor
1242:Krups
1230:Dacor
1220:Saeco
1188:Sanyo
1156:Oster
1116:Miele
1104:Midea
1047:Lofra
976:Kelon
917:Candy
912:Haier
907:Haceb
882:Faema
877:Elica
855:Lehel
840:Anova
825:Edesa
820:Dyson
788:Danby
731:Bosch
726:Balay
694:Braun
607:Amica
126:Owner
1294:Smeg
1052:Mabe
983:IKEA
966:Asko
902:Gree
746:Neff
716:Bork
632:Defy
622:Beko
353:2016
330:2016
215:and
167:.com
141:4000
61:1980
50:and
1237:SEB
1183:KDK
1173:OXO
1077:AGA
835:AEG
721:BSH
380:doi
169:.pk
163:www
1463::
1037:LG
927:GE
535:.
515:.
497:.
466:^
449:.
424:.
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