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VSM Group AB (Viking Sewing Machines), previously named Husqvarna Sewing Machines is a company based in Huskvarna, Sweden. Founded in 1872, the company is best known for "smart" (computerized) sewing machines and sergers under the brands Husqvarna Viking and Pfaff .
SVP was formed when Kohlberg & Company, an American private equity firm that owned the Swedish VSM Group (owner of the Husqvarna Viking and Pfaff sewing machine brands), combined VSM with Singer, [5] which it acquired in 2004 for $134 million. [6] The company was founded in 2006 [2] and was formerly headquartered in Hamilton, Bermuda. [7]
A rare Gem-brand sewing machine produced by the White Sewing Machine Company, circa 1887. A sewing machine is a machine used to stitch fabric and other materials together with thread. [1] Sewing machines were invented during the first Industrial Revolution to decrease the amount of manual sewing work performed in clothing companies. [2]
It made its one-millionth machine in 1910. Pfaff was bought by Husqvarna Viking in 1999. [5] In 2006, the American equity firm Kohlberg & Company, owner of Singer, acquired Swedish VSM Group, owner of Husqvarna Viking and PFAFF, thereby creating SVP Worldwide. [6]
Husqvarna (pronounced [ˈhʉ̂ːsˌkvɑːɳa] ⓘ) is a Swedish company founded in 1689 to produce muskets. The company has grown since, was partitioned, and is now a brand of multiple companies. The company has grown since, was partitioned, and is now a brand of multiple companies.
1872 – Sewing machines When demand declined, it turned out that the machinery for production of rifles was well-suited for producing sewing machines. 1874 – Kitchen equipment in cast iron Husqvarna started a foundry to produce details for sewing machines, a large part being the base frames. Soon the assortment was broadened to include such ...
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