De' Longhi facts for kids
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Public | |
Traded as | BIT: DLG |
Industry | Home appliances |
Founded | 1902 |
Headquarters |
,
Italy
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Area served
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Worldwide |
Key people
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Giuseppe De'Longhi (Chairman) Fabio De'Longhi (Vice Chairman) and (Chief Executive Officer) |
Products | Heaters, air conditioners, vacuum cleaners, espresso machines, kitchen appliances and small appliances |
Revenue | €2351.3 million (2020) |
Number of employees
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9000 (2020) |
De'Longhi S.p.A. (pronounced "de-LONG-ee") is an Italian company. It makes many different small appliances for your home. The company started in Treviso, Italy.
Contents
How De'Longhi Started
De'Longhi began in 1902. It was a small workshop run by the De'Longhi family. They first made parts for other industries. In 1950, the company officially became a business.
At first, they were known for making portable heaters and air conditioners. Over time, they grew a lot. They started making many other small things for your home. This includes appliances for cooking, cleaning, and even ironing!
Popular De'Longhi Products
De'Longhi is famous for several products. These include their Artista Series espresso machines. They also make the De'Longhi gelato maker. Another well-known product is the Pinguino portable air conditioner.
The company is also known for how good its products look. Their Esclusivo line of kitchen appliances won a special design award in 2007. This award is called the Red Dot design award.
How De'Longhi Grew
De'Longhi grew bigger by buying other companies.
Buying Kenwood
In 2001, De'Longhi bought a British company called Kenwood. This deal cost about $66.7 million. Buying Kenwood gave De'Longhi access to Kenwood's factory in China. Now, many De'Longhi products are made in China. However, the ideas and engineering still mostly happen in Italy.
Expanding into New Areas
In 2006, De'Longhi bought a big part of RC Group. This company helps cool down large computer centers. This helped De'Longhi grow in the heating, ventilation, and air conditioning (HVACR) market.
In 2012, De'Longhi bought the rights to make Braun brand small appliances. This means De'Longhi can make products like Braun coffee makers.
In 2020, De'Longhi bought Capital Brands. This company is known for making mixers.
Global Reach
Overall, De'Longhi has 13 factories. They also have 30 offices in different countries. These help them sell products to 75 countries around the world. Most of their sales, about 75%, come from outside Italy.
De'Longhi on the Stock Market
De'Longhi's shares are traded on the stock exchange in Milan, Italy. This means people can buy and sell parts of the company. The company's sales have grown a lot. In 2022, their sales were about 3.16 billion euros.
Special Certifications
In 2017, some De'Longhi dehumidifiers received a special award. The Asthma and Allergy Foundation of America gave them the Asthma and Allergy Friendly Certification. This means these dehumidifiers are good for people with asthma and allergies. They were the first dehumidifiers to get this special mark.
See also
- Bialetti
- Cimbali
- Elektra (espresso machines)
- Faema
- FrancisFrancis
- Gaggia
- La Marzocco
- Rancilio
- Saeco