Arcelik AS, Europe’s third-largest home appliances maker, agreed to buy South African appliance maker Defy Appliances (Pty) Ltd. for $327 million. The price includes $229 million of equity value and ...
Defy Appliances's application regarding certain top loader imports led to an investigation by the International Trade Administration Commission of SA (ITAC).
Defy celebrated it 115th year in South Africa in 2020. “It is in celebration of this long history that we reaffirm our commitment to South Africa, and the African continent, by launching this first-of ...