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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]
In 1998, Consolidated Foods (now Sara Lee) sold Electrolux Corp. to a firm owned by Joe Urso (who still owns the company). The company was then renamed Electrolux LLC. In 2000, the company sold certain name rights back to AB Electrolux which would go into effect in 2004. In 2001, the company began to transition into the new name: Aerus.
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:
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.
The company was acquired by Emerson Electric in 1972, and was purchased by Electrolux in 1984, which closed its Shreveport factory in 1988. In 2006 Electrolux spun off Husqvarna into its own company. In 2022, a company called Valsi in Mexico purchased tooling from Husqvarna for manufacturing walk behind mowers.
The company had two previous deals fall through on the Memphis property. In October 2022, Electrolux Group announced it had a buyer and $82.5 million deal in place. That initial deal fell through ...
Electrolux Professional AB is a Swedish multinational professional appliance manufacturing company, headquartered in Stockholm. Originally formed as a division and later subsidiary of Electrolux, it was spun-off in March 2020. It produces a variety of products intended for professional consumers, while Electrolux remains more focused toward ...
Electrolux of Sweden acquired White Consolidated Industries in 1986, and combined WCI brands with Electrolux-owned Tappan to become WCI Major Appliances Group. In the early 1990s, the name of the Dublin, Ohio based holding company changed to Frigidaire Company. In 1997, it was reorganized into Electrolux North America Products.