Who is the parent company of Dacor?

The parent company of Dacor is Samsung Electronics, which is South Korean multinational electronics conglomerate headquartered in Suwon, South Korea, having acquired Dacor in 2016 for 150 million dollars, making Dacor part of Samsung's luxury appliance portfolio. Dacor was founded in 1965 in Pasadena, California, USA by Stanley Joseph as family-owned American luxury appliance company making high-end ranges and later refrigerators, with headquarters in City of Industry, California, known for innovation and premium design. In 2016, Samsung Electronics, which is world's largest appliance manufacturer with revenue over 200 billion dollars, acquired Dacor to expand its presence in ultra-premium luxury appliance market in North America, competing with Sub-Zero, Wolf, and Thermador, as Samsung previously had mass-market appliances but lacked true luxury brand. Under Samsung ownership, Dacor operates as subsidiary with independent management but leverages Samsung technology for smart features, connectivity, and components, while maintaining California manufacturing and design. Samsung is parent company, with Dacor being luxury line alongside Samsung brand mass-market appliances. So parent company of Dacor is Samsung Electronics, South Korean company, which owns Dacor as luxury subsidiary since 2016, with Dacor continuing to make high-end appliances in California with Samsung technology integration.