Electrolux Professional AB is a Swedish multinational professional appliance manufacturing company, headquartered in Stockholm. Originally formed as a division and later subsidiary of Electrolux, it was spun-off in March 2020. It produces a variety of products intended for professional consumers, while Electrolux remains more focused toward home consumers.
History
In January 2018, Electrolux Professional acquired a German-Austrian supplier of laundry rental solutions for professional consumers.[4] In October 2018, Electrolux Professional acquired SPM, an Italian manufacturer of frozen beverage equipment.[5]
In April 2019, Electrolux Professional acquired Unic, a French manufacturer of the espresso machines.[6]
In March 2020, Electrolux Professional has completed its spin-off from Electrolux. As a result, Electrolux Professional has been operated as an independent company and listed on Nasdaq Stockholm under the "EPRO" ticker symbol.[7][8]
In October 2021, Electrolux Professional announced its intent to acquire Unified Brands from Dover Corporation for 2.14 billion kr or US$244 million.[9] The acquisition was closed in December 2021.[10]
Products
Electrolux Professional produces a variety of major appliances for professional users, such as commercial kitchen equipments, espresso machines, beverage dispensers, washing machines, dryers, among others.