Acquisition of GE Appliances not to be completed
General Electric (“GE”) has notified Electrolux that it has terminated the agreement pursuant to which Electrolux had agreed to acquire the appliance business of GE. The termination is effective as of...
View ArticleElectrolux acquires wine cabinet company in Asia Pacific
Electrolux today announced it has agreed to acquire Vintec, an Australia and Singapore-based company which supplies a wide range of climate-controlled wine cabinets throughout the Asia Pacific region.
View ArticleElectrolux to acquire leading water heater company in South Africa
Electrolux today announced it has agreed to acquire South Africa’s leading water heater producer Kwikot Group (Kwikot Proprietary Limited and its affiliates), for a total enterprise value of ZAR 3.18...
View ArticleElectrolux to acquire fast-growing smart kitchen appliance company Anova
Electrolux today announced it has agreed to acquire Anova, the U.S. based provider of the Anova Precision Cooker, an innovative connected device for sous vide cooking that enables restaurant-quality...
View ArticleElectrolux strengthens professional offering of beverage products by...
Electrolux today announced it has acquired Grindmaster-Cecilware, a leading U.S. based manufacturer of hot, cold and frozen beverage dispensing equipment, including coffee machines. The acquisition...
View ArticleElectrolux to acquire European kitchen hoods company Best
Electrolux today announced it has agreed to acquire Best, a European manufacturer of innovative and well-designed kitchen hoods. The acquisition enables Electrolux to develop a fully comprehensive...
View ArticleElectrolux to acquire German company in professional laundry
Electrolux today announced it has agreed to acquire Schneidereit GmbH, a supplier of laundry rental solutions for professional customers in Germany and Austria.
View ArticleElectrolux divests BEAM and Sanitaire in North America
Electrolux announced today it has divested its U.S.-based commercial and central vacuum cleaner businesses in North America, including the brands Sanitaire and BEAM. The decision is in line with the...
View ArticleElectrolux strengthens its professional beverage offering by acquiring SPM...
Electrolux today announced it has acquired SPM Drink Systems, an Italian leading manufacturer of professional dispensers of frozen and hot beverages and soft ice-cream, as part of the strategy to...
View ArticleElectrolux strengthens its professional beverage offering by acquiring UNIC...
Electrolux business area Professional Products today announced it has acquired UNIC S.A.S., a French manufacturer of professional espresso machines. The acquisition complements the Electrolux offering...
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