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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]
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.
Workers will manufacture the company's Electrolux ICON, Electrolux and Frigidaire product lines, including drop-in/slide-in ranges, wall ovens, specialty freestanding ranges and cooktops. The $190 million, 750,000 square foot Memphis manufacturing plant began production of stoves and ranges in 2013.
In 1881, Tappan appliances was founded by W.J. Tappan as the Ohio Valley Foundry Company in Bellaire, Ohio, initially selling cast-iron stoves door-to-door. [ citation needed ] In 1889, the company relocated to Mansfield, Ohio , and was renamed the Eclipse Stove Company , when Tappan's father, who was an amateur astronomer, suggested the name ...
White-Westinghouse is an American home appliance brand used under license by trademark owner Westinghouse Licensing Corporation. [1] It was created in 1975 when White Consolidated Industries bought the Westinghouse Electric Corporation's major appliance business. White Consolidated Industries was in turn acquired by Electrolux in 1986. [2] [3]
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]
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Under the leadership of Lino, the company developed into a modern industrial concern and in 1951, with a workforce of over 300, the company began to diversify into gas and electric, and combined gas/electric ovens; and, with growing availability and popularity of gas cylinders, Zanussi brought out their first gas cooker – the Rex 401.