Grundig AG's a German manufacturer of consumer electronics for home entertainment under Turkish control. Established in 1945 in Nuremberg, Germany by Max Grundig the company changed hands several times before becoming part of the Turkish Koç Holding group. In 2007, after buying control of the Grundig brand, Koc renamed its Beko Elektronik white goods and consumer electronics division Grundig Elektronik A.Ş., which has decided to merge with Arçelik A.Ş. as declared on Februar… (More on Grundig)