Giant Electronic Company Seals a Sweet Deal with Dacor

CITY OF INDUSTRY, Calif. - Sept. 9, 2016 - PRLog -- Samsung Electronics America has finally sealed the much waited for lucrative deal with Dacor, a leading American brand in luxury home appliances category. The latest definitive agreement by Samsung to acquire Dacor brand is a major step signifying Samsung's commitment to refining the home appliance market as it expands its portfolio to feature the deluxe high-quality home appliances under Dacor®.

"Dacor has been delivering innovative products to the luxury home appliance market for more than 50 years," said Boo-Keun Yoon, CEO of Consumer Electronics at Samsung Electronics. "We welcome the Dacor team to the Samsung family and look forward to leveraging their expertise in the luxury home appliance market while scaling their continued success in North America."

Of success in the merger, Dacor's Chairman of the Board Michael Joseph remarked, "Samsung is a world-renowned organization and we could not be more delighted to share our family company with them. We are thrilled to be a part of a truly great global company."

"The entire Dacor family is very excited to be joining Samsung," said Dacor President and CEO Chuck Huebner. "We expect that, with Samsung's global scale, financial strength, and market leadership, we will be able to accelerate our growth as we better meet the needs of both our high-end consumers and our retail partners."

The Samsung-Dacor deal was celebrated in an exclusive invites-only corporate party at the City of Industry, California which was planned and hosted by Event Solutions. The event, which was attended by corporate entities and other guests, went down well with much praise going to Event Solutions for such an awesome celebration that befitted the new iconic fete marked by the Samsung-Dacor acquisition.

Samsung is one of the fastest growing home appliance brands in America that has been recognized for its unique performance in the home appliance industry through its continued commitment to producing innovative high-quality products, which advance modern lifestyles of consumers. Samsung Electronics has inspired and it continues to inspire the world through innovative technologies and transformative ideas that enable people to discover new experiences.

The merger comes at a high when the company seeks to bring more convenience to consumers' home experiences by redefining their products to suit the market preferences.

Dacor brand has been a market leader in the home appliances category and has been famed for its innovative and ultra-premium products, which have been recognized for several prestigious awards, which include the coveted GOOD DESIGN™, Kitchen & Bath Industry Show (KBIS) Best in Show, and Digital Trends Best of Consumer Electronics Show (CES) Home Award, among others.

It is also the first and only major appliance brand to be recommended by the Master Chefs of Le Cordon Bleu, the premier culinary institute headquartered in Paris.

About Samsung Electronics America
Samsung Electronics America is a San Jose, CA-based manufacturer of innovative consumer electronic products that bring new experiences to consumers. Samsung has a range of innovative electronic products that include TVs, smartphones, wearable devices, tablets, cameras, digital appliances, printers, medical equipment, network systems, and semiconductor and LED solutions.
Visit http://samsung.com/ for more info.

About Dacor
Dacor is a family-owned Southern California-based manufacturer that has been a market leader of ultra-premium kitchen and home appliances. The company has been highly regarded for its innovative products, which feature great designs, and up-to-date technologies that have seen the company win various awards.
Visit www.dacor.com/ for more info.

About Event Solutions
Event Solutions is a speciality event planning company based in Santa Monica which is famed for organizing great corporate parties, business banquets, holiday parties and company picnics. Their full service team includes top rated caterers, star performers, expert planning & production, lighting, sound and stage setup.
Visit http://eventsolutions.com/ for more info.

Related: Samsung-Dacor Celebrates Merger with Cake Cutting Ceremony