Electrolux and Midea launch AEG brand in China
Electrolux Group, a world-leading home appliances company, has entered into a joint venture with Midea Group, China’s leading smart technology company, to introduce the premium AEG brand to Chinese consumers. The brand was officially launched at the Appliance & Electronics World Expo in Shanghai on March 8, at an event attended by senior management of both companies and hundreds of guests, media and industry professionals.Combining Electrolux global brand expertise with Midea’s local market strength, the ambition is to make AEG the most popular premium home appliances brand in China, by