Electrolux Acquires AEG

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Two years ago, Electrolux Turkey announced plans to form a new brand for the purchasing process of AEG, a Turkish brand name for durable appliances. The new brand was developed based on a large scale consumer segmentation study.

The study resulted in a double branding as AEG-Electrolux. Electrulux will invest over €70 million in this double-brand.

Electrolux Turkey General Director, Nevio Pollesel, reported yesterday that taking over all AEG rights will provide a huge amount of investment for years strategically and added, “We have merged the brand with the most well-known durable appliances of the world and named it AEG-Electrolux.”

From zaman.com

Posted in AEG

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