We are thrilled to share that our deal advising Arçelik A.Ş. on Ukrainian law matters related to the formation of a joint venture between Arçelik’s subsidiary, Beko B.V., and Whirlpool Corporation’s subsidiary, Whirlpool EMEA Holdings LLC, leading to the establishment of a stand-alone company, Beko Europe, has been recognised as the 2024 IFLR M&A Deal of the Year!
We are proud to have contributed to this landmark transaction. Beko Europe is now the largest manufacturer of major domestic appliances in Europe, with over 20,000 employees, 11 production sites, and an annual output of 24 million home appliances — a significant milestone for the industry.
Our excellent deal team was led by Albert Sych, Partner, and included Kateryna Zheltova, Senior Associate, Zakhar Kymberskiy, Associate, and Georgy Smirnov, Junior Associate.
Last night at the IFLR Europe Awards ceremony in London, Redcliffe Partners was represented by Dmytro Fedoruk, Partner, who had the honour of accepting this esteemed award on the firm’s behalf.
The success of this transaction reflects the strength of global collaboration and we are grateful for the opportunity to contribute where it matters!