Philips Domestic Appliances globally renamed as ‘Versuni’

Philips Domestic Appliances globally renamed as ‘Versuni’

Daily Current Affairs / Philips Domestic Appliances globally renamed as ‘Versuni’

Change Language English Hindi

Category : Business and economics Published on: February 22 2023

Share on facebook

Philips Domestic Appliances has been renamed as Versuni. This comes after Royal Philips sold its domestic appliance business to Hillhouse Capital in September 2021.
As a licensee of Royal Philips, the company will continue to use the Philips consumer brand, as well as Saeco, Gaggia and Philips Walita, on its products and services.
Versuni, which is headquartered in the Netherlands, is active in more than 100 countries, and has a global innovation, manufacturing, and commercial footprint.
With more than 900 patents on its name, the company’s portfolio spans kitchen appliances, coffee, climate care, garment and floor care.
Their other brands are: Saeco, Gaggia, Preethi, Philips Walita and L’OR Barista.

Recent Post's

Veteran ‘Don’ (1978) director Chandra Barot dies at 86 due to cardiac arrest in Mumbai.
Read More....
M. Sreeshankar wins gold with 7.75m jump at World Athletics meet in Portugal.
Read More....
Kerala launches Cy-TB test to detect latent TB infections under NTEP.
Read More....
ISRO chief announces India’s plan for space station by 2035, moon mission by 2040.
Read More....
July 20 celebrated as UN’s International Moon Day to mark Apollo 11 landing.
Read More....
Koneru Humpy becomes first Indian woman to reach FIDE Women’s World Cup semifinals.
Read More....
India sets record with four players in 2025 FIDE Women’s World Cup quarterfinals.
Read More....
Saudi ‘Sleeping Prince’ Al-Waleed dies at 36 after 19 years in coma.
Read More....
NCLT approves merger of Adani Cementation with Ambuja Cements.
Read More....
Anvesh Tiwari launches India’s first fully AI-powered fintech platform ‘Nxtbanking’.
Read More....