Philips is now Versuni

[Sushubh]

Philips Domestic Appliances globally renamed as Versuni

Rebranding follows after Royal Philips sold the domestic appliance business to Hillhouse Capital

www.thehindubusinessline.com

 

[Sushubh]

Our products | Versuni

We help define contemporary living. We understand how important the simple moments in life are. Our innovative products are sustainably designed for people to lead healthier and happier lives.

www.versuni.com

 

[Jonas]

As long as they offer the same after sales support, it shouldn't be a big problem, but Philips really was a name we could trust.

Versuni sounds

 

[Sushubh]

TIL Preethi is owned by Philips.

Brands - About us | Versuni

Versuni markets a portfolio of iconic brands: Philips, Saeco, Gaggia, Preethi, Philips Walita, L'OR Barista and Senseo.

www.versuni.com

 

[Sushubh]

I am guessing this would become the new parent company and Philips might retain the name in some markets at least. Remains to be seen.