The world's second largest consumer electronics manufacturer: Electrolux AB (publ) (ELUXY)

Electrolux AB Electrolux (publ) (OTC: ELUX Y, OMX: ELUX B) was founded in 1901, Headquartered in Sweden Stockholm， With 51000 full-time employees, it is a Swedish multinational consumer electronics manufacturer, ranking second in the global household appliance industry in terms of sales (second only to Whirlpool, USA ）, and ranks first in the global sales of commercial laundry washing equipment. Together with its subsidiaries, it manufactures and sells electrical appliances and household appliances for professional purposes, such as white goods, vacuum cleaners, sweeping robots, etc.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/eluxy.html

Electrolux AB (ELUXY) US Equities Encyclopedia

Electrolux is a Swedish multinational manufacturer of electrical appliances, ranking the second in the global household appliance industry in terms of sales volume. Its products are sold under various brand names. Its main products are white appliances and vacuum cleaners for the mass consumer market. In addition, it also produces professional electrical appliances. Electrolux is listed on the Stockholm Stock Exchange and is part of the OMX Stockholm 30 Index. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/eluxy.html

Electrolux is divided into 6 departments to operate : Major Appliances Europe, Middle East and Africa, Major Appliances North America, Major Appliances Latin America, Major Appliances Asia/Pacific, Home Care&Small Domestic Appliances and Professional Products. Products include ： The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/eluxy.html

Electrolux provides consumers with refrigerators, freezers, cookware, dryers, washing machines, dishwashers, room air conditioners, microwave ovens, floor care products, vacuum cleaners and other small household appliances and other appliances. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/eluxy.html

In addition, Electrolux also provides professional products, including hotel , restaurants and institutions food Service equipment, as well as commercial laundry equipment for apartment laundries, laundries, hotels and other professional users. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/eluxy.html

Moreover, Electrolux also provides stoves, ovens and range hoods for families and professional kitchens; dryer; And water heaters and heat pumps, as well as consumables, accessories and services. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/eluxy.html

Electrolux brands include : Electrolux, AEG, Zanussi (Jinzhang Brand), Frigidaire, Anova and Westinghouse 。 The company sells its products to retailers, buyers, independent stores and professional users. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/eluxy.html

Historical Encyclopedia of Electrolux AB (ELUXY), Sweden

• Founded in Sweden in 1919, it was merged by Lux Co., Ltd. and Elektromekaniska Co., Ltd., with its headquarters in Stockholm. At present, it produces and sells various electrical products in more than 60 countries.
• Eric Winergren, the founder of Electrolux, invented the world's first household vacuum cleaner in 1912, and produced the first household refrigerator in 1925.
• Over the next 70 years, Electrolux acquired and merged nearly 400 household appliance manufacturers and brands In addition to traditional household appliances, it also involves commercial laundry service and catering service facilities, garden equipment and becomes a professional household appliance manufacturer. The company has 22 factories in Europe, and its sales exceeded 16 billion dollars in 2004, accounting for 25% of the world household appliance market. 350 million households around the world own or use Electrolux household appliances. In addition, Electrolux is the world's largest manufacturer of professional laundry equipment, with the largest sales volume in Europe, Japan, Taiwan, and even in the United States.
• Electrolux, 1928 IPO land London Stock Exchange (delisted in 2010).
• In 1930, Electrolux IPO landed on the Stockholm Stock Exchange.
• In August 2011, Electrolux acquired CTI, a Chilean household appliance manufacturer, from Sigdo Koppers, and purchased several brands, including Fensa, Gafa, Mademsa and Somela.
• On September 8, 2014, Electrolux invested 3.3 billion dollars in cash to acquire GE Its household appliances business is the largest acquisition in its history. After the completion of the acquisition, Electrolux will continue to use the brand name of GE household appliances.
• On December 7, 2015, GE terminated the sale of home appliance business to Electrolux (later sold to Midea) due to opposition from the US Department of Justice.
• On February 6, 2017, Electrolux announced that it had agreed to acquire Anova Applied Electronics, Inc., an American manufacturer of Anova precision induction cookers.

Swedish Electrolux AB Electrolux (ELUXY) US equity investment

Market trend / Company official website / Encyclopedia of American Stocks The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/eluxy.html