About Electrolux
Electrolux is a company based in Stockholm (Sweden) founded in 1919 by Axel Wenner Gren. The company has 56,000 employees as of December 31, 2017. Electrolux has completed 4 acquisitions, including Anova Culinary, La Compagnie du SAV and Olympic Group. Electrolux operates in a competitive market with competitors including ncscolour, Mimbly, Kemetyl, OrganoTex and Five Oceans, among others.
- Headquarter Stockholm, Sweden
- Employees 56000 as on 31 Dec, 2017
- Founders Axel Wenner Gren
- Stage Public
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Sectors
Consumer
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$170.43 K (USD), Grant
Jun 01, 2019
- Investors
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Employee Count
56000
as on Dec 31, 2017
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Investments & Acquisitions
Anova Culinary
& 3 more
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People of Electrolux
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Software Development Team
138 people
Product Management Team
87 people
Sales and Marketing
64 people
Human Resources and Administration
50 people
Leadership Team
40 people
Finance and Accounting
33 people
Creative and Marketing Team
19 people
Data Analysis and Operations Team
18 people
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Funding Insights of Electrolux
Investors in Electrolux
Electrolux has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Electrolux
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Investments & Acquisitions by Electrolux
Electrolux has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Anova Culinary, La Compagnie du SAV and Olympic Group.
Investment portfolio details for Electrolux
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Repair services for electronic gadgets are provided in France.
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Locked | Locked | 2019 | Locked | |
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Sous vide cookers and accessories are provided by Anova Culinary.
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Locked | Locked | 2013 | Locked | |
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Manufacturing services for commercial dishwasher equipment are provided.
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Locked | Locked | 2003 | Locked |
Complete acquisition details for Electrolux
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- Transaction dates
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Electrolux
Detailed financials for Electrolux
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- Profit trends
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Electrolux Comparisons
Peer comparison for Electrolux
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Competitors of Electrolux
Electrolux operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ncscolour, Mimbly, Kemetyl, OrganoTex and Five Oceans, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Colour codes and design solutions are provided digitally and physically.
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Water-saving laundry solutions for commercial clients are provided.
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Manufacturer of chemicals for car cosmetics & household use
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Provides biobased, biodegradable waterproofing for textiles, shoes, and eco detergents.
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Eco-friendly cleaning and washing products for home, garments, and dish care.
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Detailed competitors of Electrolux
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Latest news on Electrolux
Complete news archive for Electrolux
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Frequently Asked Questions about Electrolux
Electrolux was founded in 1919 and raised its 1st funding round 94 years after it was founded.
Electrolux is headquartered in Stockholm, Sweden.
Jonas Samuelson is the current CEO of Electrolux.
As of Dec 31, 2017, the latest employee count at Electrolux is 56,000.
Electrolux was founded in 1919 in Stockholm, Sweden, and operates in the household appliances sector. A variety of products such as refrigerators, dishwashers, washing machines, cookers, vacuum cleaners, air conditioners, and small domestic appliances are produced and sold globally. In 2021, annual revenues of 11.9 billion were recorded, alongside a net profit of 0.53 billion. The company is led by CEO Jonas Samuelson, with Axel Wenner-Gren as its founder.
Electrolux has made 4 acquisitions, including Anova Culinary, La Compagnie du SAV, and Olympic Group.
Electrolux has 1 investor. Key investors include European Union.