Candy-Hoover Group

Founded in 1945, Candy Hoover Group is one of the European manufacturers of large and small household appliances, both embedded and freestanding.

Owners

In January 2019, it became known about the completion of the transaction Qingdao Haier Co Ltd to take over the Italian company Candy S.p.A. According to Chinese media, Qingdao Haier Co Ltd acquired a well-known European manufacturer for $0.5 billion.

Candy-Hoover Group for 2017 was a private company owned by the Fumagalli Family.

Products

For 2017, the company's products are represented by two international brands - Candy and Hoover, as well as some national brands such as Rosières (France), Jinling (China) and Baumatic (UK).

Hoover is one of the leaders in the European vacuum cleaner and floor care market.

Aktivs

In 2017, the company has a total staff of 4100 people, there are six production sites in Europe, Turkey and China and 47 trade offices and offices around the world.

The headquarters, design center, one of the production sites and development center are located in the city of Brugherio, Italy.

Business in Russia

The office in Russia has been operating since 1994.

2023

Haier to liquidate Candy-branded hardware plant

Haier Group decided to liquidate Kandy S.N.G. due to "low profitability," writes Kommersant in the issue of September 25, 2023. According to the publication, production at the plant in Kirov was suspended, as it "had to work, including for Europe." After the imposition of sanctions and other restrictions, the production of Candy was reduced to 300-400 thousand units (it was planned to produce 1 million per year). During the liquidation of the company, some of the employees will be fired, and some will be transferred to Haier, the newspaper reports.

Suspension of production in Kirov

Foreign manufacturers producing equipment in the Russian Federation had problems by April 2023. The Italian brand Candy, owned by the Chinese Haier, against the background of reduced demand and increased competition from cheaper Chinese and Russian brands, suspended the work of the plant in Kirov.

2017: Gleb Mishin succeeds Anton Kharin as head of representative office

On May 22, 2017, Candy-Hoover Group announced the appointment of Gleb Mishin as the new CEO of the Russian division. The date of taking office is May 22.

Candy-Hoover Group expresses confidence that Mr. Mishin will be able to competently and professionally develop the company's strategic development line in the Russian and CIS markets.

"After the rapid two-year growth of Candy-Hoover Group in Europe, we firmly decided to focus on the Russian market and become a leader in the segments of large (MDA) and small (SDA) household appliances. I am very pleased that Mr. Mishin has joined our team, and I am confident that he will be able to repeat his success, which he previously demonstrated in the IT market, "said Sammy Levit, Chief Commercial Officer of the group of companies

Gleb replaced Anton Kharin, who had held the position since May 2013, as general director. The company thanks Anton for his invaluable contribution to the development of the Candy-Hoover Group in the market of Russia and the CIS countries and wishes further success.

History

2024: Fine for creating a Euro cartel

On December 19, 2024, the Antitrust Authority of France imposed fines on a number of manufacturers and distributors of household appliances for price collusion. In this practice, in particular, Electrolux, Whirlpool, LG and Miele were convicted, and the total amount of monetary penalties is 611 million euros. Read more here.