Salute e Benessere
Teka begins a New Century as part of Midea Group
Teka Group will enhance its operations, expand its product lines, and enter new categories with the assistance of Midea. The transaction will allow to reinforce the organizational structure and three iconic trademarks of Teka Group: Teka, Küppersbusch, and Intra, while leveraging Midea's global operations and R&D capabilities to unlock synergies.
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Mauro Correia , CEO of Teka Group, stated, " ".
The transaction further solidifies Teka Group's financial stability, operational efficiency, and market leadership, critical factors in the current economic environment. Teka Group's customers, partners, and employees can anticipate a combination of continuity and new growth opportunities driven by Midea's strong commitment to innovation and technological leadership.
Midea Group, established in 1968, is a leading global technology company ranked 277 on the 2024 Fortune Global 500 list, and one of the world's largest home appliance manufacturing companies which businesses go beyond smart home appliances. Nowadays, Midea has evolved into an international tech-leading company which specializes in six major businesses including Smart Home Business, Industrial Technologies, Building Technologies, Robotics & Automation, Midea Medical and Annto Logistics. Headquartered in China , Midea Group has a gross revenue of €53.08 billion and employs more than 190,000 people worldwide. The company operates 44 manufacturing bases and 38 innovation centres.
Teka Group currently operates in over 120 countries across five continents. The company has established significant market positions in countries and regions such as
Spain , Portugal ,
Mexico , Chile ,
Thailand , Turkey ,
Germany , the United Arab Emirates , and the Scandinavia. The company produces millions of products annually and operates 10 factories in
Europe , Asia , and the Americas, employing nearly 3,000 professionals. The global recognition of Teka Group's main brands, Teka, Küppersbusch, and Intra, is a testament to their dedication to continuous innovation, quality, and design.
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