1. financial summary
2. external growth

External growth

1977 acquisition of Colston in UK

1980 acquisition of Fri-Sado in Portugal

1982 acquisition of Smeg in Italy

1986 acquisition of Philco in Italy

1987 acquisition of Indesit

1988 acquisition of Fabrica Portugal in Portugal

1989 acquisition of Scholtès in France

1992 acquisition of Pekel in Turkey

1995 acquisition of New World in UK and Star in Italy

2000 acquisition of Stinol in Russia

2002 acquisition of Hotpoint in UK

2005 acquisition of Little Swan in China (70% stake in the joint venture with Wuxi Little Swan)