Electrolux sells A/S Wodshow & Co. of Denmark
Electrolux sells A/S Wodshow & Co. of Denmark The Electrolux Group is selling A/S Wodshow & Co., a Danish manufacturer of professional mixers for food preparation, to the Swedish company Sveba- Dahlén Trading AB. Sveba-Dahlén is a Swedish distributor of Wodshow's products. A/S Wodshow is a world-leading producer of mixers for bakeries and industrial kitchens. In 1999, sales were SEK 80 million. The company has some 80 employees. The transaction is effective as of June 1, 2000. A/S Wodshow has been a part of the business sector Electrolux Professional Indoor Products. The divestment is part of the sector's strategy to focus on professional laundry and food-service equipment as well as leisure and complementary products. Electrolux is the world's largest producer of powered appliances for kitchen, cleaning and outdoor use, such as refrigerators, washing machines, cookers, vacuum cleaners, chain saws, lawn mowers, and garden tractors. In 1999, Group sales were SEK 120 billion and the Group had 93,000 employees. Every year, customers in more than 150 countries buy more than 55 million Electrolux Group products for both consumer and professional use. The Electrolux Group includes famous appliance brands such as AEG, Zanussi, Frigidaire, Eureka, and Husqvarna. Further information For further information please contact Detlef Münchow at +39 0438 362421 or e-mail detlef.munchow@notes.electrolux.it. The Electrolux Press Hotline is available at +46 8 657 65 07. For contacts with Sveba-Dahlén, please contact Kenneth Eliasson at +46 33 15 15 00 or e-mail kenneth.eliasson@sveba-dahlen.se For cancellation of or changes to this fax distribution service, please return this document, with your name, company, and fax number, stating what you want to change, to fax no +46 8 738 74 61. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/06/06/20000605BIT01110/bit0001.doc http://www.bit.se/bitonline/2000/06/06/20000605BIT01110/bit0002.pdf