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Who uses the Philips brand?

The Philips brand is also used by external parties – in fields such as lighting, television, audio and domestic appliances – on the basis of a fixed-term licensing agreement, for instance following a divestment process. Licensees comply with stringent quality standards to ensure the value of the Philips brand is maintained.

Is Philips a Canadian company?

Philips Canada was founded in 1941 when it acquired Small Electric Motors Limited. It is well known in medical systems for diagnosis and therapy, lighting technologies, shavers, and consumer electronics. The Canadian headquarters are located in Markham, Ontario . For several years, Philips manufactured lighting products in two Canadian factories.

Who owns Philips?

In August 2023, Exor N.V., the holding company owned by the Agnelli family, took a 15% stake in Philips. The transaction was worth roughly €2.6 billion. Past and present CEOs: CEOs lighting: Past and present CFOs (chief financial officer)

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