Dawlance is a Pakistani

home appliance A home appliance, also referred to as a domestic appliance, an electric appliance or a household appliance, is a machine which assists in household functions such as cooking, cleaning and food preservation. Appliances are divided into three t ...

s brand which is a subsidiary of Turkish company

Arçelik Arçelik A.Ş. is a Turkish multinational household appliances manufacturer which owns Beko and Grundig. The company engages in the production and marketing of durable goods, components, consumer electronics and after-sale services. Its produ ...

. It is based in

Karachi Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former ...

. Founded in 1980, it was acquired by

Istanbul Istanbul ( , ; tr, İstanbul ), formerly known as Constantinople ( grc-gre, Κωνσταντινούπολις; la, Constantinopolis), is the List of largest cities and towns in Turkey, largest city in Turkey, serving as the country's economic, ...

-based Arçelik in 2016. Dawlance has three factories, two sites in

and one in

Hyderabad Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part ...

, with a total of 4,000 employees. It manufactures washing machines, freezers, split air conditioner and

microwave oven A microwave oven (commonly referred to as a microwave) is an electric oven that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. This induces polar molecules in the food to rotate and produce ...

s. In 2015, Dawlance had revenues of $220.6 million selling product's in Pakistan and

Middle East The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabia (including the Arabian Peninsula and Bahrain), Asia Minor (Asian part of Turkey except Hatay Province), East Thrace (Europ ...

. Similarly, its

EBITDA A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced , , or ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, sta ...

earnings amounted to $45 million. It has 37 branches in addition to 750-plus franchises across the country It was acquired by

in November 2016 for $258m, and since then function's a

wholly owned A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sa ...

brand for

References

External links

Dawlance - Official website

- Steady business growth in home appliances
{{DEFAULTSORT:Dawlance Manufacturing companies based in Karachi Electronics companies established in 1980 Consumer electronics brands Home appliance manufacturers of Pakistan Pakistani brands Pakistani subsidiaries of foreign companies Mergers and acquisitions of Pakistani companies 2016 mergers and acquisitions Pakistani companies established in 1980 Electronics companies of Pakistan