Guangdong Vanward New Electric Guangdong Vanward New Electric is a manufacturer and distributor of gas water heaters and other gas appliances. | ![]() Sabaf Sabaf designs, manufactures, and sells components for kitchens and domestic gas cooking appliances. | ![]() Stovekraft Stovekraft is a manufacturer of small kitchen appliances, under the brand names Pigeon and Gilma. | |||
Founding Date | Founding Date N/A | Founding Date 1950 | Founding Date 1994 | Founding Date 2000 | Founding Date 1925 |
Type | Type Public | Type Public | Type Private | Type Subsidiary | Type Private |
Tags | |||||
Locations | Locations Foshan Shi, CN HQ | Locations Ospitaletto, IT HQ Sao Paulo, BR Suzhou, CN Krishnagiri, IN Manisa, TR | Locations Bangalore, IN HQ | Locations Gurugram, IN HQ Ahmedabad, IN Bengaluru, IN Bhubaneswar, IN Chandigarh, IN Indore, IN Jaipur, IN see more | Locations Fresnoy-le-Grand, FR HQ St Leonards, AU Brussel, BE Taastrup, DK Kirchheim Unter Teck, DE Milano, IT see more |
Employees | Employees N/A | Employees 1,700 | Employees 6,500 | Employees 5,9992% increase | Employees 1,9582% increase |
Financial | |||||
Revenue (est.) | Revenue (est.) ¥7b (FY, 2025) | Revenue (est.) €285.1m (FY, 2024) | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) N/A |
Cost of goods | Cost of goods ¥5.4b (FY, 2025) | Cost of goods €132.4m (FY, 2024) | Cost of goods N/A | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit ¥1.8b (FY, 2025) | Gross profit €163.7m (FY, 2024) | Gross profit N/A | Gross profit N/A | Gross profit N/A |
Net income | Net income ¥215.7m (FY, 2025) | Net income €7.9m (FY, 2024) | Net income N/A | Net income N/A | Net income N/A |

Sabaf designs, manufactures, and sells components for kitchens and domestic gas cooking appliances.
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Stovekraft is a manufacturer of small kitchen appliances, under the brand names Pigeon and Gilma.
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Le Creuset is a manufacturer and retailer of cookware.
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