Braun, commonly pronounced as “braun” in English), formerly Braun AG, is a German consumer products company based in Kronberg, Germany.

From 1984 until 2005, Braun was a wholly owned subsidiary of The Gillette Company, which had purchased a controlling interest in the company in 1967. Braun is now a wholly owned subsidiary of Procter & Gamble, which acquired Gillette in 2005. On 16th April 2012, the Italian company De’Longhi acquired the household part of Braun from Procter & Gamble.

Info gleaned from Wikipedia