M&A Deal Summary

Anonim Acquires Singer Bangladesh

On March 22, 2019, Anonim acquired retailer Singer Bangladesh from Retail Holdings

Acquisition Highlights
  • This is Anonim’s 1st transaction in the Retail sector.
  • This is Anonim’s 1st transaction in Bangladesh.

M&A Deal Summary

Date 2019-03-22
Target Singer Bangladesh
Sector Retail
Buyer(s) Anonim
Sellers(s) Retail Holdings
Deal Type Divestiture

Target

Singer Bangladesh

Dhaka, Bangladesh
website
Singer Bangladesh Ltd. is a retailer of consumer durables, with 385 company-owned stores. Singer sells all categories of household consumer durables under the Singer and third-party brands. Singer Bangladesh Ltd. was founded in 1905 and is based in Dhaka, Bangladesh.

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Buyer(S) 1

Buyer

Anonim

Istanbul, Turkey

website


Category Company
Founded 1955
Sector Electronics
Employees39,487
Revenue 68.2B TRY (2021)
DESCRIPTION

Anonim produces, markets, sells, services, imports, and exports consumer durable goods and consumer electronics in Turkey and internationally. Arçelik Anonim Sirketi offers products and services in 146 countries with its 30,000 employees, 21 different production facilities in 8 countries (Turkey, Romania, Russia, China, South Africa, Thailand, Pakistan and India), 34 sales and marketing companies all over the world and 12 brands (Arçelik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Dawlance, Voltas Beko and Altus). Anonim was founded in 1955 and is based in Istanbul, Turkey.


DEAL STATS #
Overall 1 of 2
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 2
Country (Bangladesh) 1 of 1
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-12 Arcelik Anonim Sirketi - Beko Changzhou Plant

Istanbul, Turkey

Arcelik Anonim Sirketi's Beko Changzhou Plant produces consumer durable goods and consumer electronics.

Sell -

Seller(S) 1

SELLER

Retail Holdings

Willemstad, Netherlands Antilles

website


Category Company
Founded 1851
Sector Retail
Employees4
Revenue 197M USD (2017)
DESCRIPTION

Retail Holdings is engaged in the distribution of sewing machines and household appliances in India. Retail Holdings was founded in 1851 and is based in Willemstad, Netherlands Antilles.


DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
Country (Bangladesh) 1 of 1
Year (2019) 1 of 1