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Amsterdam, the Netherlands - Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has signed an agreement to sell its Domestic Appliances business, a global leader with EUR 2.2 billion sales in 2020 in kitchen, coffee, garment care and home care appliances, to Hillhouse Capital, a global investment firm focused on helping companies achieve long.


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We grow Philips Domestic Appliances responsibly and sustainably. Electric tea kettle, toaster, and induction cooktop are some of the finest eco-friendly appliances manufactured by Philips. For over 130 years, customers across the globe have benefited from Philips's innovative heritage. This iconic brand has inspired loyalty from millions of.


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Domestic Appliances. On March 25, 2021, Philips announced that it had signed an agreement to sell its Domestic Appliances business. As of the first quarter of 2021, the Domestic Appliances business (which was previously part of the Personal Health segment) is reported as a discontinued operation. Philips will continue to consolidate Domestic.


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Amsterdam, the Netherlands - Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it will review options for future ownership of its Domestic Appliances business. Philips will start the process of creating a separate legal structure for this business within the Philips Group, which is expected to be completed in 12 to 18 months.


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January 8, 2024, Amsterdam: Versuni, home to some of the world's most renowned domestic appliance brands, announces the launch of the Philips Home Safety 5000 series - a range of home safety appliances dedicated to ensuring loved ones feel safe and at home, no matter where you are. The range includes an indoor 360° camera, a wireless spotlight camera, wireless video doorbell, and motion.


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Versuni introduces 100% recycled and 100% recyclable paper packaging across its Philips home appliances portfolio. May 23, 2023.. We have more than 130 years of experience in domestic appliances. We have approximately 6,400 people in our team, working together across the globe. We have six unique brands offering appliances for cooking.


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Philips Domestic Appliances have come up with effortless ironing solutions to ease your daily life. All of these ironing appliances are highly durable, reliable, and totally safe to use. With various innovative features including vertical steaming, de-calc function, temperature indicator, and non-sticking coating, have made ironing easier, more.


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We have embedded Philips engineering, design and innovations capabilities into Domestic Appliances. It is this heritage and proven track record in delivering what our consumers want, from kitchen.


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Philips Domestic Appliances becomes Versuni. )--Today, Philips Domestic Appliances has announced the change of its company name to Versuni. The new name is the next step after the Domestic.


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Philips Kitchen Appliances From airfrying and blending to baking and pasta making, Philips makes preparing healthy, fresh homemade food easier and enjoyable. Philips Kitchen Collections. Play video. Premium Airfryer Collection. The only airfryer with Fat Removal Technology and as crispy as deep-fried results.


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Following the sale of Domestic Appliances, Philips' EUR 3.2 billion Personal Health businesses will continue to shape its important role in the company's integrated health continuum approach through products and solutions that support healthy living and prevention of diseases. Philips is a global leader in oral healthcare, personal care and.


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As Philips Domestic Appliances, the company also brought the Airfryer category to market and successfully rolled-out innovations such as the Philips Air Cooker 7000 Series, delivering great taste and nutrition via a connected app, and the Philips AquaTrio Cordless Wet & Dry Vacuum 9000 Series that cleans any floor type and mops your hard floors.


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