According to the statement made by Arçelik to the Public Disclosure Platform (KAP), as a result of the analyzes made by CMA, a preliminary assessment was made that the partnership to be established between Whirlpool Corporation and Arçelik will not have a damaging effect on competition. Phase 2 (more detailed examination) phase has begun. The final report is expected to be published by March 26, 2024.
The European Union approved Arçelik’s acquisition of Whirlpool’s European operations in October 2023. The EU Commission concluded that the agreement in question would not raise competition concerns.
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