Bloomberg NEWS – JANUARY 03, 2018 09:40:09Home Appliances, which was founded by German entrepreneur Hoeheng Lebensen, is expanding to Brazil.
The company, which has been operating in the country since 2014, has said it plans to expand to 10 countries.
Home Appliance CEO Hoe Hefele said that its business is growing, but the growth rate is slow.
He said that the company expects to grow at a pace of between 3% and 5% per year in 2019.
HoeheLebengues first product, the Hoehens Lidless Light Bulb, was introduced in 2013.
Hoe hele is an innovative and well-known German brand with more than 60 million sales of the Lideless light bulb in over 150 countries.