Electrolux AB

Electrolux AB

Electrolux AB

Date Founded



Sankt Göransgatan 143,Stadshagen,Stockholm 105 45

Type of Company


Employees (Worldwide)



Appliances & Electronics
Industrial Machinery & Manufacturing

Company Description

Electrolux is a global leader in household appliances and appliances for professional use, selling more than 40 million products to customers in more than 150 markets every year. The company makes thoughtfully designed, innovative solutions based on extensive consumer research, meeting the desires of today’s consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, cookers, air conditioners and small appliances such as vacuum cleaners, all sold under esteemed brands like Electrolux, AEG, Eureka and Frigidaire. In 2011 Electrolux had sales of SEK 102 billion and 58,000 employees

Contact Data
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Executives & Employees

President, Chief Executive Officer & Director

Chief Financial Officer

Chief Operating Officer & Executive Vice President

General Counsel, Senior Vice President

Chief Information Officer

Senior Vice President, Head-Human Resources & Communications

Head of Business Area Latin America & Executive Vice President

Executive Vice President & Head-Business Area Europe

Head of Business Area North America, Executive Vice President

Head of Business Area Asia Pacific, Middle East & Africa, Executive Vice President

Board of Directors

Senior Advisor at Deutsche Bank AG

President, Chief Executive Officer & Director at Electrolux AB

General Counsel & Head of Corporate Governance & Compliance at Investor AB

Former President at W Capital Partners

Vice Chairman at International Chamber of Commerce Sweden

President & Chief Executive Officer at Scania AB

Former President, Chief Executive Officer & Director at Husqvarna AB

Professional at Electrolux AB

Head-Microsoft Stores & Corporate Vice President at Microsoft Corporation

Professional at Electrolux AB

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Electrolux AB
Owners & Shareholders
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Alecta is a risk-averse manager which aims to meet the requirements of long-term pension fund management, in terms of delivering a competitive return with prudent risk management. The firm's portfolio holdings consist of approximately 50 percent fixed income, 41 percent equities, and 9 percent real estate. The core of Alecta's philosophy is a competent independent in-house analysis, focusing on the absolute return and risks of their investments. They direct their investment activities mainly to areas where the firm have such in-house capability and expertise. By limiting the number of holdings, they facilitate an even deeper analysis whereby each specific analysis can have a significant impact on the firm's performance.

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AMF Fonder invests in the US and in select European and Asian markets. They combine fundamental analysis with quantitative tools to invest in equities. Their investment committee utilizes a top-down approach to strategically allocate equities across regions and sectors and construct concentrated portfolios based on a bottom-up approach which targets reasonably-priced companies with quality management. Stock selection criteria include competitive position, visible earnings, growth potential and valuation focused on earnings projections, cash flow, balance sheet soundness and dividend capacity. In addition to valuation, AMF Fonder meets with companies and their competitors and regularly reviews allocation decisions.

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Fiduciary Management, Inc. (“FMI”), founded in 1980, is an employee owned independent money management firm based in Milwaukee, Wisconsin. FMI’s equity investing strategies apply a value discipline, with a focused approach firmly rooted in fundamental research. As of 12/31/2012, FMI manages over $15.5 billion in assets for domestic and international institutions, individual investors, and Registered Investment Advisors through separately managed accounts and the FMI Family of Funds.

Recent Transactions
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Electrolux AB purchases Unic SAS

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purchases Electrolux Professional AB from Electrolux AB

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Electrolux AB purchases Spm Drink Systems SpA from Burani Designer Holding NV

Transaction Advisors
Legal Advisor

Advised onElectrolux AB purchases Diamant Boart SA from Candover Investments Plc


Advised onEQT Partners AB purchases German & Slovakian Ops of Electrolux AB from Electrolux AB

Investment Advisor

Advised onElectrolux AB purchases Diamant Boart SA from Candover Investments Plc

Legal Advisor

Advised onElectrolux AB purchases Anova Applied Electronics, Inc.


Advised onElectrolux AB purchases Anova Applied Electronics, Inc.


Advised onElectrolux AB purchases Anova Applied Electronics, Inc.

Advisors & Consultants
Legal Advisor

Second Vice President-Trustees Board at Greenwich Library


Chief Marketing Officer & Director at Corelle Brands LLC

Senior Advisor

Former Executive Vice President & Head-Major Appliances Latin America at Electrolux AB


The Home Depot, Inc. engages in the sale of building materials and home improvement products. Its products include building materials, home improvement products, lawn and garden products, and decor products. It offers home improvement installation services,and tool and equipment rental. The company was founded by Bernard Marcus, Arthur M. Blank, Kenneth Gerald Langone, and Pat Farrah on June 29, 1978 and is headquartered at Atlanta, GA.

Lowe's Cos., Inc. engages in the retail sale of home improvement products. The firm offers products for maintenance, repair, remodelling, home decorating and property maintenance. It also provides home improvement products in the following categories: appliances, bathroom, building supply, electrical, flooring, hardware, paint, kitchen, plumbing, lighting & fans, outdoor living, windows and doors. The company was founded in 1946 and is headquartered in Mooresville, NC.

Best Buy Co., Inc. (NYSE: BBY) is the global leader in consumer electronics, with more than 1,400 large and small-format locations, more than 160,000 employees, $50B in annual revenue and the 11th largest retail website in the United States. Our “Blue Shirt” sales associates and Geek Squad agents are the authority on consumer electronics, delivering unbiased, knowledgeable advice hundreds of millions of times a year and offering unmatched support for the lifetime of the products we sell. Shop our competitively priced products and services at http://www.bestbuy.com/ or stop by one of our Best Buy or Best Buy Mobile stores to touch, test and try the latest technology. Since its inception in 1966, Best Buy Co., Inc. (NYSE:BBY) has grown steadily and enhanced its business through inspired innovations. We’re continually transforming into a dynamic, customer-driven, talent-powered company that focuses on enhancing our customers’ enjoyment of technology. Like many companies, we come from humble beginnings. We’ve been challenged signi?cantly from time to time and we’ve learned, changed and grown from each of these challenges. Today, Best Buy operates a global portfolio of brands with a commitment to growth and innovation. Our employees strive to provide customers around the world with superior experiences by responding to their unique needs and aspirations. This commitment to growth and customers has driven strong, consistent earnings growth. Retail is a business that requires constant innovation, new ideas, new ways to delight our customers and new ways to work together. To meet the unique product and service needs of our customers, our stores and operating models are being transformed to shift our focus from product-centric to customer-centric ? a move that poises Best Buy to truly offer the entertainment and technology solutions that meet our customers’ needs, end-to- end.

Key Stats and Financials As of 2019
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Non-Profit Donations & Grants
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Karmalicious AB develops an application that reduces food waste by allowing restaurants, cafes and grocery stores to sell surplus food to consumers at a lower price. The company was founded by Mattis Larsson, Ludvig Christian Torsten Berling, Elsa Bernadotte, and Hjalmar Ståhlberg Nordegren in November 2016 and is headquartered in Stockholm, Sweden.

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Firefly Energy was founded in 2003 to develop and market breakthrough technology that takes batteries to new levels of performance. The Microcell foam grid technology developed by Firefly can be incorporated into existing lead acid manufacturing without requiring major investment in new equipment and processes.By incorporating the Microcell technology developed by Firefly, batteries can achieve previously unheard of levels of performance and reliability. The technology is truly revolutionary in that it breaks through long-standing barriers of conventional battery performance with new levels of power, capacity, and life at lower cost and lighter weight.Firefly's business model is based on an efficient direct sales linkage, as a technology supplier, to strategic partners and OEMs for the manufacturing and distribution of the technology into all of the existing major lead acid battery segments. Furthermore, the potential of this technology is such that, with its implementation, it will enable relatively inexpensive batteries to penetrate new markets once thought to be the exclusive domain of much more costly battery

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Chief Executive Officer & Executive Director at James Hardie Industries Plc

Tongda Group Holdings Ltd. Other Manufacturing | Hong Kong

Tongda Group Holdings Ltd. operates as an investment company, which engages in the distribution of electronic, appliance products, metal parts, and digital receiver of television. It operates through the following business segments: Electrical Fittings; Ironware Parts; and Communication. The Electrical Fittings segment produces accessories for electrical, including handsets, notebook computers, and other electrical appliance products. The Ironware Parts segment is a supplier of metallic casings and other ironware parts for electrical and electronic appliances. The Communication Facilities segment comprises of a supply of electronic components and trades electrical appliances. The company was founded by Ya Hua Wang, Ah Yeung Wong, and Ah Yu Wong on September 18, 2000 and is headquartered in Hong Kong.

HiQ International AB IT Consulting & Services | Stockholm, Sweden

HiQ International AB engages in the provision of communications, software development and business-critical information technology services. It operates through the following segments: Telecom; Automotive; Industry; Public Sector; Finance and Insurance; Media, Gaming and Entertainment, Defense and Security and Retail. The Telecom segment works with suppliers, operators, users, and the legislative authorities. The Automotive segment delivers both technical expertise and acts as partner within concept and innovation. The Industry segment helps many companies to streamline operations. The Public Sector segment has segment frameworks agreements with the central purchasing authorities. The Finance and Insurance segment offers in mobile payments and banking services. The Media, Gaming, and Entertainment segment involves in the development of sports betting solutions. The Defense and Security segment helps the Swedish Defense Materiel Administration to simplify tracking of equipment using radio-frequency identification technology. The Retail segment supplies retail chains with services such as idea and design to quality assurance. The company was founded in 1995 and is headquartered in Stockholm, Sweden.

Sopheon Plc Other Business & Consulting Services | Guildford, United Kingdom

Sopheon Plc engages in the provision of software solutions for product life cycle management. It operates through the North America and Europe segments. The firm offers portfolio optimization, analytics, concept development, process and project management, resource planning, road mapping, automation, and data integration. The company was founded by Barry Keith Mence and Huub Rutten in 1993 and is headquartered in Guildford, the United Kingdom.

Whirlpool Corp. Appliances & Electronics - Benton Harbor, MI

Whirlpool Corp. is engaged in manufacturing and marketing home appliances. The company's products include home laundry appliances, home refrigerators and freezers, home cooking appliances, home dishwashers, and room air-conditioning equipment, mixers, and portable household appliances. Its brands include Whirlpool, KitchenAid, Maytag, Consul, Brastemp,Amana, Bauknecht, JennAir, and Indesit. The company operates through the following segments: North America; Europe, Middle East & Africa; Latin America; and Asia. Whirlpool was founded by Emory Upton, Fred Upton, and Louis C. Upton in 1898 and is headquartered in Benton Harbor, MI.

Sears Holdings Corporation Retail: Other - Hoffman Estates, IL

The North Country alliance is a private-public consortium of economic development organizations, private businesses, utilities, public and private colleges, the media and financial institutions working to grow the economy of New York’s seven-county North Country region. Its role is to offer a single point of access to the resources you need to expand or locate your business in northern New York.

Siemens AG Other Manufacturing - Houston, TX

Siemens is a global powerhouse focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of systems for power generation and transmission as well as medical diagnosis. In infrastructure and industry solutions the company plays a pioneering role. As of September 30, 2015, we had around 348,000 employees in more than 200 countries. In fiscal 2015, they generated revenues of €75.6 billion.

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