Who owns electrolux

Technologically perfected Haier Smart Home Co. Midea Group Co. Its business segments include large appliances, small appliances, elec Whirlpool Corp. Its principal products include home laundry appliances, home refrigerators and freezers, home cooking appli Added by chcom. Electrolux Group. Show more Show less. Gorenje Group chcom 7 years ago 0 Views 0 Likes Gorenje Group history, profile and corporate video "About Gorenje Group Gorenje Group is one of the leading European home appliance manufacturers with a history spanning more than 60 years.

Whirlpool chcom 8 years ago 0 Views 0 Likes Whirlpool Corp. Gorenje Group Added by chcom 0 Views 0 Likes. General Electric put the profitable but low-margin appliance business up for sale in , but talks fizzled out as the global recession took hold. The unit is almost exclusively focused on the U. GE said last month that it was evaluating strategic options for the home appliance business, including discussions with Electrolux. In , western Europe accounted for 28 percent of group sales while North America represented 32 percent.

Organic growth in North America was 7 percent while in Europe it was 0. Whirlpool has also been on the acquisition path, buying a 60 percent stake in Italian firm Indesit IND.

But that's also exactly why the acquisition took place. A combined GE and Electrolux would probably shed factories — and jobs — similarly, according to sources within the appliance industry. Similarly, GE introduced a new dishwasher platform at its storied Appliance Park factory outside of Louisville, while Electrolux recently started importing an all-new dishwasher design from Solaro, Italy.

The deal is not without precedent: When Whirlpool acquired Maytag back in , it led to the closure of redundant factories and Maytag's Newton, Iowa, headquarters. Layoffs occurred across the company. However, while the sale of Maytag took place amid lagging sales, GE is a more attractive prospect. The sale is largely taking place because of GE's renewed focus on its core infrastructure business, which has already led to the spinoffs of nearly all the conglomerate's consumer-facing businesses — including NBC television and banking businesses.