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Electrolux Selling Eureka

Electrolux is selling its venerable Eureka floor-care brand to China’s Midea Group for an undisclosed sum. Ola Nilsson, head of Electrolux Small Appliances, said...


Electrolux Back In Black

Stockholm, Sweden — Global sales gains and cost-cutting initiatives helped swing Electrolux back to profitability in the fourth quarter. Net income was 970 million...


Electrolux Unveils New Logo

Stockholm, Sweden — Electrolux has updated its logo with a new font and a re-emphasized company symbol. The refresh was prompted by a dramatically...


Electrolux To Buy GE

Stockholm, Sweden — Electrolux has entered an agreement to buy GE Appliances for $3.3 billion. The cash deal, Electrolux’s largest ever, could give the...


Electrolux Reports Q2 Loss

Stockholm, Sweden – Restructuring charges and unfavorable exchange rates carried majap powerhouse Electrolux into the loss column last quarter. The company lost 92 million...