Electrolux acquires US landscape maintenance equipment manufacturer
Electrolux acquires US landscape maintenance equipment manufacturer Husqvarna, member of the Electrolux Group, has acquired the turf care assets of Yazoo-Kees, a North American manufacturer and distributor of landscape maintenance equipment. The turf care business of Yazoo-Kees, with sales of approximately USD 20 million, is located in Beatrice, Nebraska. The business employs approximately 100 people there. The business will be immediately integrated into Husqvarna's US operations. "Husqvarna already offers a wide range of portable landscape maintenance equipment and the acquisition of this business, with its line of riding equipment and lawnmowers, will give Husqvarna a stronger position in this expanding market," says CEO of Husqvarna, Bengt Andersson. Husqvarna has one of the world's most comprehensive ranges of equipment for forestry and landscaping comprising products for most applications and for all seasons designed for professional and other demanding users. Husqvarna is represented around the world through subsidiaries, partners, and through 17,000 selected dealers. The Electrolux Group is the world's largest producer of powered appliances for indoor and outdoor use, such as refrigerators, washing machines, cookers, vacuum cleaners, chain-saws, lawn mowers, and garden tractors. Sales in 1998 were SEK 117 billion, and the Group had 99,000 employees. Every year, customers in more than 120 countries buy more than 55 million Electrolux products, for both consumer and professional use. The Electrolux Group includes world-famous brand leaders such as AEG, Zanussi, Frigidaire, Eureka, and Husqvarna. Further information For further information please contact Anders Ströby, head of Commercial Lawn and Garden at Husqvarna, +46 31-94 90 09 or +46 70 594 90 09. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/10/06/19991005BIT00710/bit0001.doc http://www.bit.se/bitonline/1999/10/06/19991005BIT00710/bit0002.pdf