COMPANY PROFILE 2017 1 Candy Group Profile
OVERVIEW Candy Group is a leading privately owned – by the Fumagalli family - household appliance company well known internationally with over 70 years of industry experience. The Group is present across Europe, Middle East, Asia and Latin America. Under a diversified portfolio of brands with differentiated market and value proposition, Candy Group offers a full range of small and large domestic appliances, both free-standing and built-in, including washing, cooking, cooling and small domestic appliances. Products are marketed under two international brands, Candy and Hoover , and several national brands as Rosières (France), Jinling (China) and others. Candy Group, employs 4.660 staff members, has 6 manufacturing facilities in Europe, Turkey and China, and 45 subsidiaries and representative offices around the world, including Candy Hoover Service, which is dedicated to after-sales support and comprises 2.000 centres and over 6.000 specialists. The Group Headquarters, design centre, central facility and R&D premises are based in Brugherio (MB), Italy. 2 Candy Group Profile
CANDY: The expert in Home Appliances since 1945 Candy has been a pioneer and innovator in global washing machine market. It produced the first Italian made washing machine in 1945 and invented the modern front-loading washing machine in the late ‘ 50s, setting the European standards still in place today. Going forward, the Group will leverage its washing machines expertise to continuingly acquire market share in strategic market segments to accelerate a profitable growth. Thanks to its long history and experience in achieving great success, Candy has been able to develop simply-Fi, the first complete range of appliances connected via Wi- Fi enabling easier management remotely. This range of innovative products features appliances from all key categories to wash, cook and store in a perfect Italian style. 3 Candy Group Profile
HOOVER BORN INNOVATIVE Hoover is the inventor of the vacuum cleaners; it is the 3° brand in Europe for floorcare, with an internal R&D department. The Hoover technology is patented and competitive and the brand can claim features recognized to be UNIQUE in the market. As «Specialist» Hoover offers a wide and deep range of products for all the needs: vacuuming, carpet washers, floor washers, and steam cleaners as well as MDA appliances both free-standing and built-in. Since 2010, Hoover also entered the Ironing Systems segment. 4 Candy Group Profile
ACQUISITIONS 2005-2006 1971-1973 The Group acquired 1992-1993 the Russian washing The growth strategy 2013 machine brand Vyatka was built on Candy acquired Mayc- and its manufacturing In 2013 Candy group innovation and 1985 Otsein of Spain, a site. In 2006 Jinling diversification range completed the specialist in top- The Group acquired brand was acquired in acquisition of the also by acquisitions: in loading washing Zerowatt, producer of China together with Baumatic brand in the 1971 Candy acquired machines. The top-loading washing industrial facilities UK Country. Baumatic Kelvinator, a specialist following year, Iberna machines and dryers. sales network and is a well-known in refrigerators and in in Italy, a well-known 1945 This was followed by international domestic appliances 1973 La Sovrana, national brand in the Gasfire, an Italian operations brand specialised in Candy produced the specialist in cooking cooling segment is prestigious name in appliances. built in products, first Italian made added to the brand built in appliances freestanding kitchen washing machine portfolio and wine cooler 1961 1980 1987 2017 2007 Kelvinator UK was Candy moved from In 1987 came Strategic cooperation Early in 2007 the Monza to Brugherio acquired, making the Rosieres, a agreement with Hefei acquisition of Doruk beginning of where the new HQs prestigious French Meiling Co. Ltd to with its brand Susler and large industrial international Brand, well known strengthen the in Turkey, gave the manufacturing site were completed, for its top-of-the- distribution of Candy, Group an industrial including R&D labs range built-in and Jinling and Meiling 1995 site for cookers, free-standing cooking WM in China as well hobs, ovens. Hoover European appliances as a cooling Appliances Group partnership was acquired with exclusive rights on the brand name and products for the whole Mediterranean area, Europe and the former USSR 5 Candy Group Profile
PRODUCT MILESTONES 2006 2014 GrandÓ is the Candy introduced revolutionary the first complete washing machine range of connected with the highest and appliances, Candy 1950s-60s larger door in the simply-Fi market In late 1950s and 60s, 1974 Candy “invented” the 2010 modern front-loading Candy tempo and 1980 90s 2016 Aquavision is a washing machine, the variant are the first 2015 Candy Trio: the Specialists in the slim Watch & Touch oven patented water tank first completely washing machines unique 3 in 1 segment with the Candy celebrates 70 automatic washing integrated within the able to adapt water Revolution in the product: hobs, oven first 33 cm washing years anniversary, machine setting the temperature porthole of the dryer kitchen and dishwashers in machines and formulated new European Standard still depending on to collect water standard dimension. growth strategy in place today fabrics to wash condensation 1945 2017 1945 1966 1978 1984 2000s 2009 2016 …AND DUO is the only two- Candy introduces Candy In 1966, Stipomatic Candy is the first Cuocirapido is the Specialists in the the first whole in-one solution produced the was launched: an Italian Company first microwave big load capacities: connected range containing a oven first Italian automatic to produce No designed and front loader WM with NFC and the and a dishwasher 6 made washing dishwasher with two Frost produced in Italy up to 11 kgs, dryers first DW able to place settings machine compartments; at Refrigerators: a up to 10 kgs, top wash 16 place the same time, the cooling loaders up to 8 kgs setting in standard Superautomatic technology to 1986 2011 dimensions 2009 washing machine avoid breeze Candy Alisé: the 2004 Mix Power Candy patented was launched. In the inside the product first washer-dryer System: the same year was Usee: 14 LED lights First DW able to in Europe most effective produced the Candy placed on the oven wash 15 place with internal rapid wash ever Misura washing setting in standard inner door replacing condenser, the in the market machine; it is the dimensions the traditional evolution of Candy first compact incandescent bulb. 2.60 dated 1978 washing machine precursor of the Aquamatic serie 6 Candy Group Profile
PRODUCTION FACILITIES Key production facility BRUGHERIO (ITA) KIROV (RUS) BOURGES (FRA) JIANGMEN (CHI) Washing Kitchen SDA ESKISEHIR (TUR) 2 SITES Brugherio (Italy) Eskisehir (Turkey) Kirov (Russia) Jiangmen (China) Bourges (France) ODM/ Industrial **The Group cooperates with various ODM subcontractors/industrial partners in the Partners ** manufacturing of washing, refrigerators and SDA products 7 Candy Group Profile
R&D FACILITIES Candy’s R&D Capability Italy In 1945 The workshops of Eden Fumagalli produced Model 50, UK the first 100% Italian made washing machine. The Candy Turkey brand name came into being as fruit of strong innovation China In 1950s In 1954, Candy pioneered the washing machine industry again by & 60s launching Bi-Matic, the first semi-automatic washing machine with a spinner; and just 5 years later, the washing machine became completely automatic - Candy raced ahead on the road of innovation In 1980s Candy made a series of domestic and international acquisitions in & 90s washing machines as well as refrigeration and kitchen appliance sector. The horizontal and vertical integration further strengthened Candy’s R&D capabilities Today Strengthened by its long experience in the domestic appliance sector, Candy Groups continues to launch innovative products that meet the needs of diversified consumer targets 8 Candy Group Profile
SERVICE DEVELOPMENT The mission of the Candy Group customer service is to consolidate the relationship with customers by efficiently and courteously satisfying their needs with respect to technical supporting and responding to their inquiries. The aim is to guarantee a long lasting positive experience with the group’s appliance providing an effective technical support and guaranteeing a highly professional service through a consolidated and extensive network. 9 Candy Group Profile
WHO WE ARE 10 Candy Group Profile
MISSION “ Our mission is to enhance lives with home solutions that surprise and delight consumers the world over ”. Beppe Fumagalli, CEO 11 Candy Group Profile
VISION Candy Group people are proud to positively transform the world through their work. We are leader in understanding consumers and their needs so that we can deliver the best experience in terms of both products and service. Through our brands we develop solutions for the homes , creating a growing value for all stakeholders. 12 Candy Group Profile
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