Elica


Elica S.p.A. is an Italian joint-stock company. It was established in 1970. The company is the head of a multinational group that earned a leading position in Europe and worldwide in the cooker hood sectors, production of induction hobs, design, production and marketing of electric motors for hoods and heating boilers.[1]

Elica S.p.A.
Joint-Stock Company
IndustryKitchen Appliance Manufacturing
FoundedFabriano, Italy, 1970 (1970)
FoundersErmanno Casoli
Headquarters
Fabriano
,
Italy
Area served
Worldwide
Key people
Francesco Casoli
ProductsHoods, Plans Kitchen induction for domestic use, engines for Hoods, Boilers.
SubsidiariesAirforce, Fime
Websitewww.elica.com

Elicia is chaired by Francesco Casoli and led by CEO Antonio Recinella, it has been listed since 2006 at the Stock Exchange of Milan.

History

Elicia was founded by Ermanno Casoli in Fabriano in 1970. The company operates in the cooker hood sector. After Ermanno died of a heart attack in 1978, leadership passed first to his wife, and then to his son, Francesco.

Over the years, through acquisitions and a focus on design, the company grew to operate seven factories in Italy, Poland, Mexico, India and China with a production of over 21 million hoods.[2][3][4]

In June 2018, the company sold 33% of Elica India to Whirlpool of India.[5]

Economic data

As of 31 December 2013, the Elica group had a consolidated turnover of around €391.8 million and a consolidated net profit of around €1.4 million.

In 2017, revenues reached €479.3 million, an increase of 9.1% compared to the previous year. Elica group consists of approximately 4,800 employees.[6]

See also

References
  1. "Elica Group Polska". www.top-employers.com. Retrieved 2019-05-05.
  2. Sharma, Amit (2010-07-06). "World's biggest chimney brand enters India". The Economic Times. Retrieved 2019-05-05.
  3. "Elica strengthens its presence abroad". HA Factory. 2015-06-09. Retrieved 2019-05-05.
  4. "Italian appliances manufacturer Grupo Elica expands output capacity by 25% in Queretaro". mexico-now.com. Retrieved 2019-05-05.
  5. Mukherjee, Writankar (2018-06-02). "Whirlpool plans to acquire 49% in Elica PB". The Economic Times. Retrieved 2019-05-05.
  6. "ELICA (ELC.MI) Income Statement". finance.yahoo.com. Retrieved 2019-05-05.
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