Electrolux home appliances

Electrolux is a Swedish multinational company founded in 1919, specializing in home appliances such as refrigerators, washing machines, and vacuum cleaners. The company operates globally, with manufacturing facilities in Europe, North America, Asia, and Latin America. Notable brands under Electrolux include AEG, Frigidaire, and Zanussi. Investor AB, a Swedish investment company, is the largest shareholder in Electrolux, holding approximately 16.4% of shares and 28.4% of votes as of 2022. Electrolux's products are sold in over 160 countries, with a significant presence in North America, Europe, and Asia. The company's global manufacturing strategy emphasizes local production for local markets, aiming to reduce lead times and adapt products to regional preferences. Electrolux's diverse brand portfolio and extensive manufacturing network enable it to serve a wide range of consumer needs across various regions.