Grundig
Sign in to saveAlso known as Grundig AG
Grundig ( , ) is a home appliances and consumer electronics brand. It is owned by Arçelik A.Ş., the white goods (major appliance) manufacturer of Turkish conglomerate Koç Holding. Originally a German consumer electronics company, Grundig GmbH was founded in 1945 by Max Grundig and was headquartered for the most part in Fürth until its insolvency in 2003.
Key facts
- Brand.logo
- Grundig Intermedia logo.svg
- Brand.producttype
- Home appliances and consumer electronics
- Brand.currentowner
- Arçelik A.Ş. (2007–present)
- Brand.origin
- Germany
- Brand.introduced
- 1945 by Max Grundig
via Wikipedia infobox
Wikidata facts
- Official website
- www.grundig.com
- Image
- Nürnberg Grundig 4111.jpg
Show 3 more facts
- inception
- 1930-01-01
- Commons category
- Grundig
- dissolved, abolished or demolished date
- 2003-00-00
Sources (8)
via Wikidata · CC0
~10 min read
Article
15 sectionsContents
- History
- 1940s
- 1950s
- 1960s
- 1970s
- 1980s
- 1990s
- 2000s
- 2010s
- Present
- Sponsorship
- Products
- See also
- References
- External links
Grundig ( , ) is a home appliances and consumer electronics brand. It is owned by Arçelik A.Ş., the white goods (major appliance) manufacturer of Turkish conglomerate Koç Holding. Originally a German consumer electronics company, Grundig GmbH was founded in 1945 by Max Grundig and was headquartered for the most part in Fürth until its insolvency in 2003.
The Grundig company helped fuel the post-war economic miracle of West Germany and it grew to become one of the leading manufacturers in the world of radio, TV, recording and other electronic equipment in the following decades. In the 1970s, Philips began acquiring Grundig's shares, leading to complete control in 1993, but Philips divested Grundig by 1998. Grundig filed for bankruptcy in April 2003 after years of losses and strong competition from cheaper Asian competitors.