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The company originates from a merger of two companies—Lux AB and Svenska Elektron AB, the former an established manufacturer and the latter a younger company founded by a former vacuum salesman who had also been an employee of the former firm. [7] The origins of Electrolux are closely tied to the vacuum, but today it also makes major appliances.
Founder Emil Rathenau. Allgemeine Elektricitäts-Gesellschaft AG (German for 'General electricity company JSC'; [2] AEG) was a German producer of electrical equipment.It was established in 1883 by Emil Rathenau as the Deutsche Edison-Gesellschaft für angewandte Elektricität in Berlin.
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
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:
A conglomerate is a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are typically large and multinational corporations that manage diverse business operations across various sectors.
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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.