History timeline

Zanussi and Frigidaire join the Group 1980-1989

electrolux-Oxelåsunds-steelworks-timeline-images

1980

Metal company Gränges acquired

The Swedish metal conglomerate Gränges (mines, steel works, aluminum and copper, vehicle safety belts, etc) is acquired for 725 million SEK. The Group’s total turnover is almost 23 billion SEK, an increase of 51% compared to the preceeding year.

electrolux-Paris-Rhone-timeline-images

1981

Paris-Rhône, Progress and the first combi-oven

Vacuum cleaner capacity is extended still further through the acquisition of the French company Paris-Rhône and the German company Progress.  Electrolux launches its first combination oven.

1982

Acquiring Rosenlew

The acquisition of Finnish household appliances company Rosenlew is completed.

Zanussi logotype

1984

Zanussi makes Electrolux Europe's number one

After long negotiations Electrolux buys the Italian company Zanussi (founded in 1916) with 20,000 employees, including its subsidiaries in Spain. The acquisition makes Electrolux the unquestioned leader in the European market for household appliances. The Zanussi purchase also makes the Group number one in food service equipment.

1985

Zanker and Duo-Therm

The major appliances range of washing machines, tumble driers and air conditioning is extended through the purchase of Zanker in Germany and Duo-Therm in the US.

CEO Anders Scharp

1986

White Consolidated is acquired and Anders Scharp becomes CEO

The third largest major appliances company in the US, White Consolidated Inc., is acquired and includes brands such as Frigidaire, Gibson, Kelvinator and White Westinghouse. White has 18,000 employees. Gösta Bystedt resigns as CEO and is succeeded by Anders Scharp. The Group’s annual sales reaches 53 billion SEK.

Weed Eater

1986

Continuing the expansion into outdoor products 

The Outdoor Products business area expands following new acquisitions including the US company Poulan/Weed Eater.

1987

British Thorn-EMI acquired

Electrolux purchases the major appliances division of the British company Thorn-EMI with brands such as Tricity, Bendix, Stott Benham and Parkinson Cowan.  A new kitchen line under the name Frigidaire Euroflair, inspired by European style, is launched on the American market.

1988

American Yard Products and acquistions in Spain

The outdoor products business is reinforced through the purchase of American Yard Products – Yardpro. The major appliances business in Spain is strengthened by the purchase of Corbéro and Domar, Spain’s leading companies in this sector. And, the refrigerator compressor producer Unidad Hermética is also acquired.

1989

Record in number of employees

Electrolux reaches its peak when it comes to the number of employees: 153,000. The leading position of Electrolux in Europe is reinforced by the acquisition of the German Buderus Group’s manufacturing operations of major appliances and food service equipment, including industrial washing machines.