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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]
An electric trimmer. Electric hair clippers work in a similar way as manual ones, but are driven by an electric motor which makes the blades oscillate from side to side. [6] They have gradually displaced manual hair clippers in many countries. Three different motor types are used in clipper production: magnetic, rotary and pivot.
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