Candy (company)
| Candy SpA
|
|
|---|---|
 |
|
| legal form | Corporation |
| Seat |
Brugherio Italy
|
| Number of employees | > 5000 |
| sales | EUR 1,148 million (2017) |
| Branch | Household appliances |
| Website | www.candy-group.com |
Candy SpA , based in Brugherio , Italy, is a manufacturer of small and large household appliances. The products are sold under the international brands Candy and Hoover , as well as local brands such as Rosières (in France) and Jinling (China). It operates 6 production sites in Italy, Turkey, Russia and China with over 5000 employees and a turnover of over EUR 1.1 billion in 2017.
background
The company, at that time run as Officine Meccaniche Eden Fumagalli in Monza by the Fumagalli family, presented its first washing machine in 1945 after Enzo Fumagalli, the son of the company founder, saw electric washing machines in the USA while a prisoner of war. The success of this first model led to rapid growth in the 1950s and 1960s, from 1946 under the name Candy. From the 1970s onwards, various acquisitions were made in Italy and abroad, which led to the internationalization and expansion of the product portfolio (including 1979: Kelvinator (England); 1985: Zerowatt and Gasfire; 1995: Hoover ).
In 2018, the family sold the company to Chinese competitor Haier for EUR 475 million.
Individual evidence
- ↑ a b c website of the company , accessed October 1, 2018 (English).
- ↑ Company information on ukwhitegoods.com/uk , accessed October 23, 2018 (English)
- ↑ Les Echos: Ca se passe en Italie. Les machines à laver Candy sous pavillon chinois. October 1, 2018; accessed on the same day (French)