Electrolux to acquire German company in professional laundry
Electrolux today announced it has agreed to acquire Schneidereit GmbH, a supplier of laundry rental solutions for professional customers in Germany and Austria.Schneidereit GmbH solutions allow customers a carefree experience by supporting the product throughout its lifetime. This enables customers to run their businesses without worrying about asset ownership or maintenance. The acquisition enables Electrolux to develop its offering within the professional laundry business and supports the long-term profitable growth in Europe. “Schneidereit adds a complementary business model to the