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The origins of Electrolux are closely tied to the vacuum, but today it also makes major appliances. Vacuum cleaner designed by Lurelle Guild c. 1937 Brooklyn Museum. Electrolux made an initial public offering on the London Stock Exchange in 1928 (it was delisted in 2010) [8] and another on the Stockholm Stock Exchange in 1930. [9] [10]
The recovery process began in 1985 after Electrolux acquired the company in late 1984. [2] In 1985, Zanussi introduced the Jetsystem on their range of washing machines, which uses a circulation pump to pump the water in the drum onto the clothes via a jet hole in the door seal. This helps save water as the clothes are soaked with soapy water ...
On September 8, 2014, General Electric agreed to sell the company to Electrolux, a Swedish appliance manufacturer and the second-largest consumer appliance manufacturer after Whirlpool Corporation, for US$3.3 billion in cash. The deal carried a US$175 million termination fee clause if Electrolux was unable to complete the acquisition.
Electrolux and Frigidaire brand smoothtop electric cooktops and ranges are being recalled because they can turn on without warning and start fires, the U.S. Consumer Product Safety Commission said.
As of 2017, Kenmore products are produced by manufacturers including Whirlpool, Samsung, LG, Electrolux, Panasonic, Cleva North America, and Winia Electronics. Today, the brand's portfolio is sold across Amazon , Lowe's , [ 3 ] Target , and many other online retailers.
Viking Range Corporation is an American appliance company that manufactures kitchen appliances for residential and commercial use. Today the company offers three complete lines of premium appliances including cooking , ventilation, kitchen clean-up and refrigeration , as well as various outdoor appliances. [ 1 ]
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