Smeg was founded in 1948 in Guastalla, Emilia-Romagna, Italy by Vittorio Bertazzoni. The company's name is an acronym for Smalterie Metallurgiche Emiliane Guastalla (Emilian Metallurgical Enamelling Works of Guastalla), reflecting its origins as a manufacturer of enamelled metal products.
Smeg initially produced enamelled metal products for industrial applications before transitioning to home appliances in the 1950s. The company began producing kitchen appliances including cookers and refrigerators, establishing itself as a quality Italian appliance manufacturer.
Smeg introduced its iconic FAB28 retro refrigerator in 1997, which became the company's most recognizable product and a global design icon. The FAB28's rounded form, chrome handles, and pastel color options captured the aesthetic of 1950s American appliances and resonated with consumers seeking appliances that combined style with functionality. The FAB28 has been sold in dozens of colors and has been the subject of numerous designer collaborations.
The company expanded internationally through the 1990s and 2000s, establishing subsidiaries and distribution networks across Europe, Australia, the Middle East, and other markets. Smeg's premium positioning and distinctive design aesthetic allowed it to command premium prices and build a loyal customer base.
Smeg launched its small appliances line in the 2010s, applying its retro design aesthetic to coffee makers, toasters, blenders, stand mixers, and other countertop appliances. The small appliances line has been highly successful, bringing Smeg's design aesthetic to a broader consumer audience at lower price points than its major appliances.
For fiscal year 2024, Smeg reported revenue of approximately EUR 1.5 billion, reflecting continued growth in its premium appliance business globally.