Amica (manufacturing company) explained

Amica S.A.
Type:Joint-stock company
Hq Location City:Wronki
Hq Location Country:Poland
Area Served:Europe
Industry:Home appliance
Key People:Jacek Rutkowski (president)
Homepage:www.amica.pl
www.amica-group.com

Amica is a global manufacturer of household appliances headquartered in Wronki in western-central Poland. The company produces refrigerators, washing machines, dishwashers, vacuum cleaners, microwave ovens, electric stoves and kettles for kitchens under the brands Hansa, CDA, Gram.

History

Amica was founded in 1945 under the names Predom-Wromet Heating Equipment Factory[1] and Wromet Kitchen Products Factory.[2]

In the 1980s, products were exported to the GDR.[3] In 1992, the company was privatized and renamed Amica.[4] In the same year, Amica football club of the same name was created.[5] In 1997 it was listed on the Warsaw Stock Exchange.[6]

In 2001, Amica acquired the Danish rival Gram Domestic and the following year the German Premiere Hausgerätetechnik GmbH.[7]

The main sales markets for Amica are in Poland, Germany, Great Britain and Scandinavia.[8] The Amica Group brand portfolio also includes foreign brands: Gram, Hansa and CDA.[9] Gram is a Danish brand that has existed since 1901, acquired by Amica in 2001 and known in Scandinavia.[10] Hansa is a brand that can be found in the markets of Eastern Europe. CDA is a UK brand acquired in 2015 and recognized in distribution channels such as kitchen furniture studios.[11] In 2017, Amica bought a 60.71% stake in Sideme SA Societe Industrielle d'Equipement Moderne, one of the distributors of home appliances in France.[12] After purchasing 39.29% of the shares in August 2015, Amica already owns 100% of Sideme. The total purchase price of all shares of the French company was 5.4 million Euros, which were financed from own funds.[13] [14]

In 2010, Samsung Electronics bought two Amica factories in the Polish cities Poznan and Wronki for the production of refrigerators and washing machines.[15] [16]

Notes and References

  1. Book: Polish Economic News . 1988 . U.S. Government Printing Office . en.
  2. Web site: Amica Wronki Domestic Appliances . www.ukwhitegoods.co.uk.
  3. Erices . Rainer . The East-West blood trade : How the German Democratic Republic obtained foreign currency with blood products (1983-1990) . Wiener Medizinische Wochenschrift . November 2018 . 168 . 15–16 . 384–390 . 10.1007/s10354-018-0643-1 . 29992447 . 49666043 . 1563-258X.
  4. News: Murata Sacco rebrands to Amica Savings and Credit as it eyes rapid expansion . Kuscco.com.
  5. Web site: Amica Wronki FC Club Details First Team Squad Soccer Base . www.soccerbase.com.
  6. https://www.gpw.pl/company-factsheet?isin=PLAMICA00010 Amica Warsaw Stock Exchange
  7. Web site: Premiere Kundendienst. 2021-05-10. de-DE.
  8. News: Poland's Amica accelerates shift to W Europe as Russia sales slump . Reuters . 22 August 2014 . en.
  9. Web site: Amica acquires 100% of CDA Group . Amica International . 1 December 2015.
  10. Web site: Separate Report of Amica S.A. For 2018 . amica.pl . cs.
  11. News: Amica buys CDA . kbbreview . 1 December 2015.
  12. Web site: Societe Industrielle D'equipement Moderne Sideme . lei.report.
  13. Web site: Amica acquires 100% of CDA Group. December 1, 2015.
  14. Web site: О Hansa. hansa.md.
  15. Web site: Samsung приобрел польские предприятия Amica по производству холодильников и стиральных машин. news.samsung.com.
  16. Web site: Amica to Sell Another Two Plants to Samsung | PGS Software. March 2, 2010. www.pgs-soft.com.