LCS & Partners

| Announcement

Hitachi's acquisition of Arcelik AS's majority stake in Hitachi Global Life Solutions

We represented Hitachi (as Taiwan local counsel) in acquiring Arcelik AS's majority stake in their joint venture, Hitachi Global Life Solutions, which includes Hitachi home appliances in Taiwan. Relevant press release can be found:   https://www.bloomberg.com/news/articles/2026-04-21/turkey-s-arcelik-to-exit-hitachi-venture-in-261-million-deal