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As a result of the breakup and dissolution of the original company, Electrolux acquired the brand rights in 2005 and the name is also licensed to various companies: [25] Currently the brand is being actively promoted by Electrolux; it includes many of the same products that it formerly manufactured, such as power solutions energy devices ...
The company has often and regularly expanded through mergers and acquisitions. While Electrolux had bought several companies before the 1960s, that decade saw the beginnings of a new wave of M&A activity. The company bought ElektroHelios, Norwegian Elektra, Danish Atlas, Finnish Slev, and Flymo, et al., in the nine years from 1960 to 1969. [16]
AEG (German company), Allgemeine Elektricitäts-Gesellschaft ("General Electricity Company"), former German electrical manufacturer AEG (brand), licensed by Electrolux to several companies for a variety of products; Anschutz Entertainment Group, an American entertainment company
AEG also owned Hamburg Freezers before ceasing its existence in 2016. The company also purchased the Champions on Ice figure skating tour in 2006, and own 12% of Djurgårdens IF Hockey. The company makes a significant amount of its money by leveraging its sports interests, already significant earners, by using the stadiums in which these teams ...
In 1947, Cho Hong-jai, the Hyosung group's founder, jointly invested in a new company called Samsung Mulsan Gongsa, or the Samsung Trading Corporation, with the Samsung's founder Lee Byung-chul. The trading firm grew to become the now Samsung C&T Corporation .
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
While the company was owned by General Motors, its logo featured the phrase "Product of General Motors", and later renamed to "Home Environment Division of General Motors". Frigidaire was sold to the White Consolidated Industries in 1979, which in 1986 was purchased by Electrolux, its current parent. The company claims firsts including:
Tricity Bendix, Electrolux and AEG as well as Zanussi were all to be serviced by the one network. This was changed in the late 1990s and early 2000s as Electrolux sold or gave away the regional service centres, generally to the existing management or to area managers to run as independent businesses.