| Elica S.p.A. | |
| Type: | Joint-stock company |
| Foundation: | Fabriano, Italy, |
| Founders: | Ermanno Casoli |
| Location City: | Fabriano |
| Location Country: | Italy |
| Key People: | Francesco Casoli |
| Area Served: | Worldwide |
| Industry: | Kitchen appliances |
| Subsid: | Airforce, Fime |
Elica S.p.A. is an Italian company established in 1970 that designs and manufactures kitchen hoods, induction hobs, and boilers.
Elica is chaired by Francesco Casoli and led by CEO Antonio Recinella, it has been listed since 2006 at the Borsa Italiana.
Elica was founded by Ermanno Casoli in Fabriano in 1970. After Ermanno died of a heart attack in 1978, leadership passed first to his wife, and then to his son, Francesco.
Over the years, the company grew to operate seven factories in Italy, Poland, Mexico, India and China with a production of over 21 million hoods.[1] [2] [3]
In June 2018, the company sold 33% of Elica India to Whirlpool of India.[4]
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.[5]