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De'Longhi Group

Consumer Goods · Treviso
Website: www.delonghigroup.com

The De’ Longhi Group is one of the world’s leading players in the small domestic appliance sector dedicated to the world of c ... offee, cooking, air conditioning and home care. Listed on the Borsa Italiana’s main stock market, MTA, since 2001, De’ Longhi distributes its products in more than 120 markets worldwide and employs approximately 9,000 people. In 2019, the Group generated revenues of €2,101.1 million, an adjusted EBITDA of €295.3 million and a net profit of €161 million. Espresso coffee machines for domestic use are the core of the Group's strategy, since they account for about 50% of total turnover. This market is worth close to €3 billion, is continually expanding and the De' Longhi brand is a global leader in it. In addition to DE’ LONGHI, a historic brand established in 1974, the Group’s brand portfolio includes KENWOOD - acquired in 2001 - which is among the world leaders in the food preparation sector, BRAUN - for which the Group acquired a perpetual licence in 2012 in the cooking and home care segments - which is global leader of hand blenders and is continually growing in the food preparation and ironing segments, and ARIETE - acquired together with Kenwood in 2001 - which offers innovative and design solutions in the cooking, ironing and cleaning sectors. The company is led by Giuseppe de' Longhi (Chairman), Fabio de' Longhi (Vice-Chairman) and Massimo Garavaglia (Chief Executive Officer and General Manager). read more

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