Eureka Forbes Limited is an Indian multinational home appliances company based in Mumbai. It makes water purification devices, vacuum cleaners, air purification systems, and home security products.[2]
Eureka Forbes was founded in 1982 as a 60:40 joint venture between Tata Group's Forbes & Company and Swedish manufacturer Electrolux. In 2001, Tata Group sold Forbes & Company to Shapoorji Pallonji Group and, four years later, Electrolux sold its 40% stake in Eureka Forbes to Forbes & Company.[3]
In 2010, Eureka Forbes acquired a 25% stake in Swiss consumer products company Lux International. In 2013, Eureka Forbes increased its stake to become the controlling shareholder in Lux International.[4]
In 2000, the Eureka Forbes Institute of Environment (EFIE) was founded. It is a registered public charitable organization that creates and supports social initiatives.[7]
Eureka Forbes in association with National Society for Equal Opportunities for the Handicapped NASEOH launched EuroAble, a call center manned by people with special needs.[8] It is also involved with 'Nana Nani Parks', which provides recreational facilities for senior citizens,[9] and has worked with World Vision to provide water filter units for free drinking water kiosks in public places. They also have initiated the 'Jagrut MumbaikarJagrut Mumbaikar' program, with the police and fire brigade, which provides self-help information for citizens.[10]
Awards and recognition
In 2012, Eureka Forbes received three awards at the 6th Water Digest Awards for Best Domestic Water Purifier RO for Aquaguard Enhance Green RO, Best Domestic Water Purifier UV for Aquaguard Enhance UV and Best Water Purifier Award in the Storage Non-Electric category’ for AquaSure Amrit.[11]
In 2015, Eureka Forbes was listed as India's 18th 'Best Places to Work For'.[12]
External links
^"Eureka Forbes undergoes rebranding exercise". The Hindu. 21 December 2020. Retrieved 17 February 2023.
^"SP Group looks at listing or stake-sale of Eureka Forbes". The Times of India. 20 November 2019. Retrieved 17 February 2023.
^Coster, Helen. "Every Salesman a King". Forbes. Retrieved 17 February 2023.
^Mitra, Sounak (15 May 2013). "Eureka Forbes to acquire majority stake in Lux International". Business Standard India. Retrieved 17 February 2023.
^"Shapoorji Pallonji and Co exits from Eureka Forbes". The Economic Times. 14 July 2022. Retrieved 17 February 2023.
^"PE major Advent International buys majority stake in Eureka Forbes". Business Standard. Retrieved 1 October 2021.
^. Archived from the original on 23 December 2016. Retrieved 8 August 2017.
^"Mumbai gets call centre with a heart | Mumbai News - Times of India". The Times of India. April 2011.
^Nitesh (23 January 2012). "Aquaguard rules yet again at the UNESCO Water Digest Awards 2011-2012". Glamgold.
^Kurian, Anu (12 May 2015). "Top 25 Best Workplaces in Asia: Eureka Forbes". People Matters.
May 05, 2023
eureka, forbes, limited, indian, multinational, home, appliances, company, based, mumbai, makes, water, purification, devices, vacuum, cleaners, purification, systems, home, security, products, typepublictraded, asbse, 543482industryhome, appliancesfounded1982. Eureka Forbes Limited is an Indian multinational home appliances company based in Mumbai It makes water purification devices vacuum cleaners air purification systems and home security products 2 Eureka ForbesTypePublicTraded asBSE 543482IndustryHome appliancesFounded1982 41 years ago 1982 HeadquartersMumbai Maharashtra IndiaKey peoplePratik Pota MD amp CEO ProductsWater purifiersAir purifiersSecurity systemsAir conditionersVacuum cleanersBrandsAquaguardForbes 1 ParentTata Group 1982 2001 Shapoorji Pallonji Group 2001 2022 Advent International 2022 present Websiteeurekaforbes wbr com Contents 1 History 2 Corporate Social Responsibilities 3 Awards and recognition 4 External linksHistory EditEureka Forbes was founded in 1982 as a 60 40 joint venture between Tata Group s Forbes amp Company and Swedish manufacturer Electrolux In 2001 Tata Group sold Forbes amp Company to Shapoorji Pallonji Group and four years later Electrolux sold its 40 stake in Eureka Forbes to Forbes amp Company 3 In 2010 Eureka Forbes acquired a 25 stake in Swiss consumer products company Lux International In 2013 Eureka Forbes increased its stake to become the controlling shareholder in Lux International 4 In 2022 Advent International bought out Shapoorji Pallonji Group s entire stake in Eureka Forbes after Eureka Forbes was separated from Forbes amp Company and listed on the BSE 5 6 Corporate Social Responsibilities EditIn 2000 the Eureka Forbes Institute of Environment EFIE was founded It is a registered public charitable organization that creates and supports social initiatives 7 Eureka Forbes in association with National Society for Equal Opportunities for the Handicapped NASEOH launched EuroAble a call center manned by people with special needs 8 It is also involved with Nana Nani Parks which provides recreational facilities for senior citizens 9 and has worked with World Vision to provide water filter units for free drinking water kiosks in public places They also have initiated the Jagrut MumbaikarJagrut Mumbaikar program with the police and fire brigade which provides self help information for citizens 10 Awards and recognition EditIn 2012 Eureka Forbes received three awards at the 6th Water Digest Awards for Best Domestic Water Purifier RO for Aquaguard Enhance Green RO Best Domestic Water Purifier UV for Aquaguard Enhance UV and Best Water Purifier Award in the Storage Non Electric category for AquaSure Amrit 11 In 2015 Eureka Forbes was listed as India s 18th Best Places to Work For 12 External links Edit Eureka Forbes undergoes rebranding exercise The Hindu 21 December 2020 Retrieved 17 February 2023 SP Group looks at listing or stake sale of Eureka Forbes The Times of India 20 November 2019 Retrieved 17 February 2023 Coster Helen Every Salesman a King Forbes Retrieved 17 February 2023 Mitra Sounak 15 May 2013 Eureka Forbes to acquire majority stake in Lux International Business Standard India Retrieved 17 February 2023 Shapoorji Pallonji and Co exits from Eureka Forbes The Economic Times 14 July 2022 Retrieved 17 February 2023 PE major Advent International buys majority stake in Eureka Forbes Business Standard Retrieved 1 October 2021 Friends of Environment Eureka Forbes Archived from the original on 23 December 2016 Retrieved 8 August 2017 Mumbai gets call centre with a heart Mumbai News Times of India The Times of India April 2011 ENARR NanaNani Foundation www enarr com Jagrut Mumbaikar 4 March 2009 Nitesh 23 January 2012 Aquaguard rules yet again at the UNESCO Water Digest Awards 2011 2012 Glamgold Kurian Anu 12 May 2015 Top 25 Best Workplaces in Asia Eureka Forbes People Matters Retrieved from https en wikipedia org w index php title Eureka Forbes amp oldid 1144173321, wikipedia, wiki, book, books, library,
