Dawlance
Dawlance is a Pakistani home appliances brand which is a subsidiary of Turkish company Arçelik. It is based in Karachi. Founded in 1980, it was acquired by Istanbul-based Arçelik in 2016.
Dawlance has three factories, two sites in Karachi and one in Hyderabad, with a total of 4,000 employees. It manufacture's washing machines, freezers, split air conditioner and microwave oven's.
In 2015, Dawlance had revenues of $220.6 million selling product's in Pakistan and Middle East. Similarly, its EBITDA earnings amounted to $45 million. It has 37 branches in addition to 750-plus franchises across the country
It was acquired by Arçelik in November 2016 for $258m, and since then function's a wholly owned brand for Arçelik.
