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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]
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 quicker. This can still be found on current Zanussi washing machines.
The appliance business was acquired by Electrolux in 2000. At this stage, Simpson essentially was outshopped to overseas manufacturing with the famous name “Simpson” applied to its washing machines. [4] As of 2016 Electrolux was still using the Simpson brand name in Australia and New Zealand for a range of washing machines and dryers. [5]
1939 automatic washing machine that was not bolted to the floor. 1950s auto-defrost refrigerators. The company manufactured both large and small appliances for many years. Appliances bearing the White-Westinghouse name were made by Electrolux after 1998 under license from Paramount Global through its Westinghouse brand management subsidiary.
Miele W1 TwinDos Compact Front Load Washer: One of the best-reviewed compact washers, this is great for you if want a high-quality machine that doesn’t need a lot of space.
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.
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