Who Owns Beko?
Beko is owned by Arçelik, a publicly traded Turkish multinational home appliance manufacturer headquartered in Istanbul, Turkey. Beko operates as Arçelik's international brand, producing quality home appliances. Arçelik trades on Istanbul Stock Exchange under ticker ARCELIK.
Parent Company
Arçelik
Founded
1957
Status
Publicly Traded
Headquarters
Istanbul, Turkey
Who Owns Beko?
- Parent Company: Arçelik
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: Istanbul Stock Exchange: ARCELIK
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Beko | Arçelik | Wholly owned |
History of Beko
- Founded: 1957
- Founders: Vehbi Koç
Beko was created by Arçelik in 1955 as a brand for the Turkish domestic market, with the name derived from the Turkish words for "white goods" (beyaz esya). The brand was initially focused on refrigerators and washing machines for the Turkish market before expanding internationally.
In the 1990s, Beko began its international expansion, entering European markets with a value-oriented positioning that offered quality appliances at competitive prices. The brand established a particularly strong presence in the United Kingdom, where it became one of the top-selling appliance brands, and in other European markets including Germany, France, and Eastern Europe.
Beko's international growth accelerated in the 2000s and 2010s, with the brand expanding into Asia, the Middle East, and other regions. The brand's combination of reliable quality and accessible pricing resonated with consumers in emerging markets as well as value-conscious consumers in developed markets.
Arçelik significantly expanded its global footprint through the acquisition of Grundig (2004), Blomberg, and other European appliance brands, and in 2023 completed a major acquisition of Whirlpool's EMEA (Europe, Middle East, and Africa) business, making Arçelik one of the largest appliance manufacturers in Europe. Beko remains the group's primary international consumer brand.
About Arçelik
Arçelik has demonstrated strong performance in 2024-2025, with the company announcing its Q4 2025 financial results and achieving significant sustainability milestones. The company was named one of TIME Magazine's World's Most Sustainable Companies for the second consecutive year, earning recognition for its environmental leadership and social responsibility initiatives.
The company achieved the highest ESG score in the DHP Household Durables Industry, reflecting its commitment to sustainability across operations, products, and supply chain. Arçelik's 2030 greenhouse gas emissions reduction targets have been approved by the Science Based Targets Initiative as in line with the Paris Agreement's goal of limiting temperature increase to "well below 2°C."
In February 2026, Arçelik announced a significant leadership transition, with Hakan Bulgurlu stepping down as CEO after 11 years of service. Bulgurlu will be succeeded by Can Dinçer, currently General Manager of Arçelik Türkiye and Chief Commercial Officer for South Asia and Türkiye. Dinçer brings 33 years of experience within the Koç Group and has played pivotal roles in strengthening market position in Türkiye and delivering consistent commercial performance growth.
- Founded: 1957
- Headquarters: Istanbul, Turkey
- Company Type: Publicly Traded
- Stock: Istanbul Stock Exchange: ARCELIK
Where Is Beko Made / Based?
- Headquarters: Istanbul, Turkey
- Manufacturing / Operations: Turkey, United Kingdom, Romania, Russia, China, India
Beko Ownership: Pros & Cons
Advantages
- +Quality appliances at competitive prices
- +Wide product range across major appliance categories
- +Strong distribution through major retailers
- +Backed by Arçelik's manufacturing resources
- +Continuous product innovation
- +Reliable performance and quality standards
Considerations
- -Competition from other appliance manufacturers
- -Dependency on Arçelik's supply chain and corporate decisions
- -Product availability may vary by region
- -Need to maintain quality standards across global operations
- -Dependency on housing market and consumer spending cycles
Frequently Asked Questions About Beko
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Beko
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Whirlpool | USA | 1911 | Mass Market | North America | All Genders | |
| Electrolux | Sweden | 1919 | Mass Market | Global | All Genders | |
| Whirlpool | USA | 1927 | Mass Market | North America | All Genders | |
| Ge Appliances | USA | 2018 | Mass Market | North America | Male |
Learn More About Competitors

Whirlpool Appliances
Owned by Whirlpool Corporation
American brand of home appliances including washers, dryers, refrigerators, and cooking appliances, owned by Whirlpool Corporation.

Electrolux Appliances
Owned by Electrolux
Swedish manufacturer of home appliances including refrigerators, washing machines, and kitchen appliances, recognized for industry-leading sustainability initiatives including a 35% recycled materials target by 2030 and significant carbon emission reductions.

Kenmore Appliances
Owned by Whirlpool Corporation
Sears private label brand of home appliances including washers, dryers, refrigerators, and cooking appliances, now owned by Whirlpool Corporation.

Café Appliances
Owned by Unknown Company
GE Appliances' mass-premium kitchen appliance brand launched in 2018, offering customizable refrigerators, ranges, dishwashers, and cooking equipment with a distinctive matte finish aesthetic.
Competitive Analysis
Market Positioning: Beko competes with 4 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Arçelik Stock Information
Jobs at Arçelik
Latest News About Beko
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