Giuseppe Delonghi Net Worth is
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Dea??Longhi Group, or Dea??Longhi S.p.A, is a major Italian small appliance manufacturer based in Treviso, Italy.
The company was founded by the Dea??Longhi family in 1902 as a small industrial parts manufacturing workshop. The company incorporated in 1950. Historically a major producer of portable heaters and air conditioners, the company has expanded to include nearly every category of small domestic appliances in the food preparation and cooking, as well as household cleaning and ironing, segments. Dea??Longhi is especially well known for the Artista Series espresso machines, the Dea??Longhi gelato maker and the Pinguino portable air conditioner.
Dea??Longhi is known for the design of its products. Its Esclusivo line of kitchen appliances won the Red Dot design award in 2007.Home Furnishing News recognized De'Longhi Design Director Giocomo Borin as one of the 50 most influential designers in the world in 2006.
Dea??Longhia??s 2001 acquisition of the British appliance maker Kenwood Limited gave Dea??Longhi access to Kenwooda??s Chinese factory. As a result, many of Dea??Longhia??s products are now imported from China, while design and engineering remain largely in Italy.
In all, Dea??Longhi operates 13 production facilities and 30 international subsidiaries that support sales to 75 countries worldwide. International sales account for nearly 75 percent of the groupa??s total revenues, which topped a??1.63 billion in 2010.
On 16 April 2012, De'Longhi bought perpetual rights to manufacture Braun branded products from Procter & Gamble in the small appliance segment. Procter & Gamble will continue to own the Braun brand. a??50 million was paid immediately and a??90 million will be paid over the next 15 years.
Shares in the company are traded on Milana??s stock exchange. The company has over 7,000 employees worldwide.

Giuseppe Delonghi Latest News

De’Longhi to bring Italy’s best cafés to Australia

DeLonghi Australia’s general manager ... “Our Company has had a long history and relationship with the Australian public since our president Giuseppe De’Longhi first came out to Australia for the Davis Cup final in 1979. This was when Giuseppe ...
Posted: September 5, 2007, 7:28 pm

Nespresso goes black and white with Umilk launch

Increased global demand for high-quality home brewing coffee options has helped make Giuseppe De’Longhi a billionaire ... but failed to impress testers when compared to comparable Delonghi machines, according this piece. The Kogan machine costs around ...
Posted: March 23, 2015, 5:00 pm

The best of Italian fashion at Rustan's

Indulge in Italian Coffee Sampling by Delonghi every weekend starting June 19 at Rustan’s Makati and Shangri-la Plaza. Get enthralled with Power of Scents featuring various fragrance products on July 1 at Rustan’s Makati. Give your home a luxurious ...
Posted: June 13, 2010, 5:00 am
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