Formerly | Philips Consumer Lifestyle |
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Company type | Private |
Industry | Electronics |
Founded | 2021 (as Versuni) |
Headquarters | Amsterdam, the Netherlands |
Key people | Véronique Pauwels (President, CEO) |
Products | Consumer electronics, small appliances |
Brands | Philips (under license from Philips), Gaggia, Saeco (under license from Evoca), Senseo, L'Or, Preethi |
Revenue | €2.2 billion (2021) |
Owner | Hillhouse Investment |
Parent | Philips |
Website | https://www.versuni.com/ |
Versuni (formerly Philips Consumer Lifestyle) is a privately-owned Dutch company, headquartered in Amsterdam, which produces consumer electronics and small appliances. Formerly a subsidiary of Dutch electronics conglomerate Philips, it was sold to Chinese private equity firm Hillhouse Investment in 2021.[1] Versuni sells their products under the Philips brand name (under license), as well as under the brands Preethi, Gaggia and Saeco (under license from Italian coffee-maker manufacturer Evoca Group), Senseo and L'Or.