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.

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Giuseppe Delonghi Latest News

DLG.MI on Milan Stock Exchange

Dr. Giuseppe De'Longhi serves as Chairman of the Board of De' Longhi S.p.A. He graduated in Economics from Universita Ca' Foscari Venezia.
Posted: May 14, 2018, 5:00 pm

Northern exposure

We cannot survive if things go on as they are now,” says Giuseppe De Longhi, boss of a firm that makes air-conditioners. He sums up the thoughts of many northern entrepreneurs. Still, there is no doubt that the government collects far more of its tax ...
Posted: January 1, 2001, 3:59 am

Another $10 M. (or Thereabouts) Spread at The Plaza

Also during the summer, espresso magnate Giuseppe De’Longhi paid $11.2 million for a condo on the same floor as Mr. Stolyarenko. The Observer‘s Max Abelson covered these buys here. Then, late last month, Thomas and Kathy Mendoza, the namesakes for the ...
Posted: November 2, 2007, 10:12 am
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