Monday, 28 January 2013

Braun

Braun
Braun GmbH (help·info) (German pronunciation: [bʁaʊn], commonly pronounced as "braun" in English), formerly Braun AG, is a German consumer products company based in Kronberg. From 1984 until 2005, Braun was a wholly owned subsidiary of The Gillette Company, which had purchased a controlling interest in the company in 1967. Braun is now a wholly owned subsidiary of Procter & Gamble, which acquired Gillette in 2005. On 16 April 2012, the Italian company De'Longhi acquired the household part[clarification needed] of Braun from Procter & Gamble.Nowadays Braun focuses on its core categories (shaving and grooming, beauty and hair care). Household Small Appliances, Health and wellness category as well as clocks and watches are now run by other companies (De'Longhi, Zeon, Kaz) under licence.
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