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

  • WTO’s 14th Ministerial Conference began on 26 March 2026 in Yaounde, Cameroon, with focus on reforms and fisheries subsidies.

    Read More....

  • India hosted the first BRICS Youth Coordination Meeting on 25 March 2026 under its 2026 Chairship in virtual format.

    Read More....

  • 9th PharmaMed 2026 conference will be held on 27 March 2026 in New Delhi focusing on healthcare equity and value-driven pharma growth.

    Read More....

  • The IOC has banned transgender women and most DSD athletes from competing in female categories at the Olympics from 2028, introducing a mandatory one-time SRY gene test to ensure fairness.

    Read More....

  • World Theatre Day 2026 is being celebrated on 27 March with the theme ‘Theatre and a Culture of Peace’.

    Read More....

  • Renowned orangutan expert Birute Galdikas passed away at 79 on 25 March 2026 in Los Angeles.

    Read More....

  • The Union Cabinet approved continuation of IVFRT Scheme till 2031 to modernise India’s immigration and visa processes.

    Read More....

  • Telangana government has started relocation of tribal families from Amrabad Tiger Reserve for wildlife conservation and development.

    Read More....

  • Mission Saksham Anganwadi and Poshan 2.0 is strengthening nutrition delivery through upgraded Anganwadi centres and digital monitoring.

    Read More....

  • Parliamentary panel noted significant improvement in fund utilisation by the Department of Biotechnology in 2025-26.

    Read More....