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Tag: defy

Turkey's Arçelik buys Defy Appliances

Turkey’s Arçelik buys Defy Appliances

Turkey's Arçelik Group, a member of the Fortune 500-listed Koç Group, has bought itself a springboard into the African continent, in the form South African appliance manufacturer Defy Appliances, for around US$324-million (R2.25-billion).

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