New Vision for Electronics and Electrical Appliances
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New Vision for Electronics and Electrical Appliances - overview
Established
2010
Location
Amman, -, Jordan
Primary Industry
Retail
About
Based in Amman, Jordan, and founded in 2010, New Vision Electronics and Electrical Appliances, a. k. a. New Vision operates as a retail company that focuses on providing electronics products, including air conditioners, televisions, washing machines, refrigerators, and vacuum cleaners.
The company also operates a factory at which it assembles a few product lines for LG. In June 2023, Foursan acquired a 60% majority stake in New Vision for Electronics and Electrical Appliances. The company provides a wide range of LG products, such as air conditioners, screens, refrigerators, freezers, dishwashers, microwaves, washing machines, vacuum cleaners, clothes dryers, and more.
Current Investors
Foursan
Primary Industry
Retail
Sub Industries
Household Appliances, Consumer Electronics, Consumer Electronics Stores
Website
www.newvision.jo
Verticals
E-commerce
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
New Vision for Electronics and Electrical Appliances - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | New Vision for Electronics and Electrical Appliances | - |
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