De'Longhi S.p.A. () is an Italian

small appliance A small domestic appliance, also known as a small electric appliance or minor appliance or simply a small appliance, small domestic or small electric, is a portable or semi-portable machine, generally used on Table (furniture), table-tops, C ...

manufacturer based in

Treviso Treviso ( , ; vec, Trevixo) is a city and '' comune'' in the Veneto region of northern Italy. It is the capital of the province of Treviso and the municipality has 84,669 inhabitants (as of September 2017). Some 3,000 live within the Vene ...

, Italy.

History and trading

The company was founded by the De'Longhi family in 1902 as a small industrial parts manufacturing workshop. The company incorporated in 1950. Historically a major producer of portable heaters and air conditioners, the company has expanded to include nearly every category of small domestic appliances in the food preparation and cooking, as well as household cleaning and ironing, segments.

Products

De'Longhi is especially well known for the Artista Series espresso machines, the De'Longhi gelato maker as well as the Pinguino portable air conditioner. De'Longhi is known for the design of its products. Its Esclusivo line of kitchen appliances won the

Red Dot The Red Dot Design Award is a German international design prize awarded by Red Dot GmbH & Co. KG. There are prize categories for product design, brands and communication design, and design concept. Since 1955, designers and producers can apply ...

design award in 2007. ''Home Furnishing News'' recognized the firm's Design Director Giocomo Borin as one of the 50 most influential designers in the world in 2006. De'Longhi's 2000 acquisition of Climaveneta SpA and DLRadiators allowed De'Longhi to enter the commercial HVACR (heating, ventilation, air conditioning and refrigeration) market.

Merger and acquisitions

Its acquisition of the British appliance maker Kenwood for £45.9 million (about $66.7 million) in 2001 gave it access to Kenwood's Chinese factory. As a result, many of De'Longhi's products are now imported from

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slig ...

, while design and engineering remain largely in Italy. Acquisition of a majority stake in RC Group, a leading player in datacenter cooling, in 2006 has strengthened its presence in the HVACR market. In all, the company operates 13 production facilities and 30 international subsidiaries that support sales to 75 countries worldwide. International sales account for nearly 75 percent of the group's total revenues, which topped

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1.63 billion in 2010. On 2 January 2012 the DeLclima group was set up as a demerger from De'Longhi. On 16 April 2012, De'Longhi bought perpetual rights to manufacture

Braun Braun is a common surname, originating from the German word for the color brown. The name is the 22nd most common family name in Germany. Many German emigrants to the United States also changed their name to ''Brown'' (''see Brown (surname)''). ...

branded products from

Procter & Gamble The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/consumer he ...

in the small appliance segment. Procter & Gamble will continue to own the Braun brand. €50 million was paid immediately and €90 million will be paid over the next 15 years. In 2018, India based Orient Electric partnered with De'Longhi to market small kitchen appliances in India. In November 2020, De'Longhi announced the acquisition of Capital Brands, specialized in mixers for 420 million euros.

Public trading

Shares in the company are traded on Milan's stock exchange. In October 2017, the Asthma and Allergy Foundation of America and Allergy Standards Limited announced that five De'Longhi dehumidifiers have earned the Asthma and Allergy Friendly Certification. These are the first dehumidifiers to receive the program's mark.

References

External links