Versuni

Versuni is a Netherlands-headquartered consumer home appliances company that designs, manufactures and sells household products under its own corporate identity while continuing to market Philips-branded home appliances under licence. The business was separated from Royal Philips and now operates independently under Hillhouse Capital ownership. Its footprint includes global offices, innovation and development sites, and manufacturing centres, with more than 6,500 employees worldwide. The company generates revenue primarily from the sale of physical home appliances through retail and distribution channels across international markets. Its direct customers are retailers, distributors and channel partners, while end consumers purchase the appliances for home use. Versuni’s scale, licensed brand portfolio and manufacturing base position it as a large incumbent consumer products business rather than a software, adtech or media company.