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  5. Hisense Broadband Multimedia Technology Acquires Gorenje Group

M&A Deal Summary

Hisense Broadband Multimedia Technology Acquires Gorenje Group

On June 28, 2018, Hisense Broadband Multimedia Technology acquired consumer products company Gorenje Group

Acquisition Highlights
  • This is Hisense Broadband Multimedia Technology’s 1st transaction in the Consumer Products sector.
  • This is Hisense Broadband Multimedia Technology’s 1st transaction in Slovenia.

M&A Deal Summary
Date 2018-06-28
Target Gorenje Group
Sector Consumer Products
Buyer(s) Hisense Broadband Multimedia Technology
Deal Type Add-on Acquisition

Target

Gorenje Group

Velenje, Slovenia
Gorenje Group is a manufacturer of household appliances with a global presence, which is built on our two global brands: Gorenje, which includes an entire range of upper-mid price range home products, and premium brand Asko, as well as six local brands of different price ranges. Gorenje Group was formed in 1950 and is based in Velenje, Slovenia.

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Buyer(S) 1

Buyer

Hisense Broadband Multimedia Technology

Qingdao, China
Category Company
Founded 2003
Sector Manufacturing
DESCRIPTION

Hisense Broadband Multimedia Technology designs, develops, manufactures, markets, and distributes optical communications modules and broadband multimedia subscriber terminal equipment. Hisense Broadband Multimedia Technology was founded in 2003 and is based in Qingdao, China.

DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Slovenia M&A 1 of 1
Year: 2018 M&A 1 of 1
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