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Electrolux

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Jonas Samuelson's photo - President & CEO of Electrolux

President & CEO

Jonas Samuelson

CEO Approval Rating

67/100

Founded:

1919

Status:

PublicIndependent CompanyNasdaq OMX NordicELUX-B

ELECTROLUX TOP COMPETITORS OR ALTERNATIVES

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Whirlpool Corp /de/ is the biggest rival of Electrolux. Whirlpool Corp /de/ is headquartered in Benton Harbor, Michigan, and was founded in 1911. Like Electrolux, Whirlpool Corp /de/ also operates in the Consumer Electronics space. Whirlpool Corp /de/ generates 137% the revenue of Electrolux.

LG Electronics is Electrolux's #2 competitor. LG Electronics is a Public company that was founded in Seoul, Seoul Teugbyeolsi in 1958. LG Electronics is in the Logistics, Wholesalers & Retail Distributors field. LG Electronics has 11,531 fewer employees vs. Electrolux.

Haier, Inc. has been one of Electrolux's top competitors. Haier, Inc.'s headquarters is in Qingdao, Shandong Province, and was founded in 1984. Haier, Inc. operates in the Consumer Electronics industry. Haier, Inc. generates 216% of Electrolux's revenue.

Electrolux Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$15.9B

Electrolux's revenue is the ranked 17th among it's top 10 competitors. The top 10 competitors average 48B. Over the last four quarters, Electrolux's revenue has decreased by $760K. Specifically, in Q2 2021's revenue was $3.6B; in Q1 2021, it was $3.3B; in Q4 2020, it was $5.4B; in Q3 2020, Electrolux's revenue was $3.6B.

Electrolux Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
La Compagnie du SAV

Jul 2021

Source »
undisclosed
CSAV is a France-based after-sales service company that repairs household appliances for the residential sector.
UNIC S.A.S

Apr 2019

Source »
undisclosed
UNIC manufactures and distributes espresso machines to the food and beverage sector.
SPM Drink Systems Spa

Oct 2018

Source »
undisclosed
SPM designs and manufactures beverage dispensers for restaurants.
Schneidereit

Jan 2018

Source »
undisclosed
Schneidereit is a supplier of laundry equipment for commercial coin-operated, on-premise and industrial laundry markets.
Grindmaster-Cecilware, Inc.

Mar 2017

Source »
$108M
Grindmaster-Cecilware is a manufacturer of hot, cold and frozen beverage dispensing equipment including coffee machines.

These are all the companies that Electrolux has acquired. Electrolux has acquired 15 companies and its latest acquisition was La Compagnie du SAV in Jul 2021. CSAV is a France-based after-sales service company that repairs household appliances for the residential sector.

Electrolux Funding History

No recent funding data found related to Electrolux

Electrolux Investments

No recent investments found related to Electrolux

Electrolux News

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Electrolux Headquarters

St Goransgatan 143

Stadshagen, Stockholms län105 45

46-8-738-6000

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Electrolux Summary

ABOUT

Overview

AB Electrolux (OMX: ELUX B) manufactures and distributes kitchen and laundry appliances. Electrolux is a global leader in home appliances, and offer thoughtfully designed, innovative and sustainable solutions for households and businesses, with produc...

CEO

Electrolux's President & CEO, Jonas Samuelson, currently has an approval rating of 67%. Electrolux's primary competitors are Whirlpool Corp /de/, LG Electronics & Haier, Inc..

Frequently Asked Questions about Electrolux

  1. When was Electrolux founded?

    Electrolux was founded in 1919
  2. Who is Electrolux's CEO?

    Electrolux's CEO is Jonas Samuelson
  3. How much revenue does Electrolux generate?

    Electrolux generates $15.9B in revenue
  4. How much funding does Electrolux have?

    Electrolux has historically raised $0 in funding
  1. Where is Electrolux's headquarters?

    Electrolux's headquarters is in Stadshagen Stockholms län, SE
  2. How many employees does Electrolux have?

    Electrolux has 51,276 employees
  3. What sector does Electrolux operate in?

    Electrolux is in Consumer Electronics
  4. Who are Electrolux's competitors?

    Electrolux's top competitors are Whirlpool Corp /de/, LG Electronics, Haier, Inc.