M&A Deal Summary

Electrolux Group Acquires Seitz AB

On May 4, 2000, Electrolux Group acquired automotive company Seitz AB

Acquisition Highlights
  • This is Electrolux Group’s 2nd transaction in the Automotive sector.
  • This is Electrolux Group’s 1st transaction in Sweden.

M&A Deal Summary

Date 2000-05-04
Target Seitz AB
Sector Automotive
Buyer(s) Electrolux Group
Deal Type Add-on Acquisition

Target

Seitz AB

Tidaholm, Sweden
Seitz AB is a caravan and mobile home producer.

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Buyer(S) 1

Buyer

Electrolux Group

Stockholm, Sweden

Category Company
Founded 1901
Sector Consumer Products
Employees41,000
Revenue 136.2B SEK (2024)
DESCRIPTION
Electrolux plant in St. Cloud, Minnesota.
Electrolux plant in St. Cloud, Minnesota.

Electrolux Group is a multinational manufacturer of household and professional appliances. Electrolux Group was founded in 1901 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 4 of 18
Sector: Automotive M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 14
Country: Sweden M&A 1 of 1
Year: 2000 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-05-04 Seitz Polyurethan-Technik

Krautheim, Germany

Seitz Polyurethan-Technik GmbH is a caravan and mobile home producer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-09-14 Washex/Challenge

Germany

Washex/Challenge heavy-duty laundry business is part of our strategy to concentrate on our core businesses."

Sell -