Electrolux adapts manufacturing to offset difficulties with supply
March 20, 2020Electrolux believes there is a considerable risk of a material financial impact during the first half of 2020.
Electrolux to streamline and invest in manufacturing in Hungary
September 10, 2019Following a strategic overview started earlier this year, Electrolux has decided to initiate a plan to improve efficiency throughout the Group.
Electrolux to invest €130 million in Italian refrigeration facility
July 03, 2019The Electrolux Group says that it will invest approximately EUR 130 million in automation, digitalisation and innovation at its manufacturing facility in Susegana, Italy.
Electrolux reinitiates US manufacturing investment
February 01, 2019The Electrolux Group says it is reinitiating an investment in Springfield, Tennessee, and consolidating all U.S. cooking manufacturing into that facility. Electrolux also said it will transfer refrigeration manufacturing from its Santiago, Chile facility to other locations.
Electrolux comments on impact from development in Sears
October 15, 2018The Swedish white goods manufacturer has commented the announcement that one of its major US customers, Sears Holdings Corporation, has filed voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code.
Husqvarna Group appoints new CFO
August 24, 2018Glen Instone, has been appointed Senior Vice President and Chief Financial Officer of Husqvarna Group.
Electrolux divests BEAM and Sanitaire in North America
August 09, 2018Electrolux announced today it has divested its U.S.-based commercial and central vacuum cleaner businesses in North America, including the brands Sanitaire and BEAM.
Electrolux launches its first open innovation factory
April 11, 2018The new collaborative space will serve as the company’s hub for innovation with external partners.
Antitrust allegations hit Electrolux
February 07, 2018The French Competition Authority alleges that Electrolux and other appliance manufacturers have acted in breach of antitrust rules in France during the period September 2006 to April 2009.
Electrolux invests $500 million in US manufacturing operations
January 31, 2018The Swedish home appliance manufacturer says it’s planning to invest approximately USD 500 million in its U.S. manufacturing operations, stepping up a strategic initiative to drive profitable growth in North America.
Electrolux 'tariff rate of 72% means USD 70 million'
November 02, 2017Electrolux Major Appliances North America has been informed by the U.S. Department of Commerce (DOC) that a preliminary and significantly increased tariff rate of 72.41 percent on washing machines manufactured in Mexico and imported into the U.S. between February 2016 and January 2017 was set.
Electrolux to acquire smart kitchen appliance company Anova
February 07, 2017Electrolux has agreed to acquire Anova, a US based company and the provider of Anova Precision Cooker, a connected device for sous vide cooking.
Electrolux to divest Eureka brand - focus on stronger small appliances categories
December 05, 2016The Electrolux Group has made a decision to focus its North American Small Appliances business on its strongest categories – and with that decided to divest its North American vacuum cleaner brand Eureka to Midea Group Co., Ltd.
Electrolux gets a new CEO
January 11, 2016Keith McLoughlin will retire from Electrolux and will be succeeded by Jonas Samuelson as President and CEO.
Layoffs await at Electrolux following termination of GE deal
December 09, 2015Electrolux has initiated measures to structurally reduce costs within its Small Appliances business.
Electrolux / GE deal fell through
December 07, 2015General Electric (“GE”) has notified Electrolux that it has terminated the agreement under which Electrolux would have acquired the appliance business of GE. The termination is effective as of December 7, 2015. Therefore, the transaction will not be completed.
Electrolux comments on speculations on settlement
November 23, 2015Electrolux proposed acquisition of the appliances business of General Electric has hit a few bumps on the road – the most recent came when the US Department of Justice filed a complaint in Federal court seeking to stop the acquisition.
Troubles on the horizon for the Electrolux / GE deal
November 02, 2015It was back in 2014 that Electrolux announced its plans to acquire General Electrics' appliance unit. However, problems have arisen.
Electrolux opens cooker factory in Egypt
September 02, 2015The new Electrolux cooker factory in Egypt has been officially opened, producing a new range of freestanding cookers that are designed to give Electrolux a competitive edge in the local and regional markets.
GE-Electrolux deal questioned by antitrustLoad more news
July 02, 2015The U.S. Department of Justice (DOJ) will seek to stop Electrolux proposed acquisition of the appliances business of General Electric (GE Appliances).