M&A Deal Summary

SOLE Acquires Electrolux - Compressor Operation

On July 7, 2003, SOLE acquired electronics company Electrolux - Compressor Operation from Electrolux Group

Acquisition Highlights
  • This is SOLE’s 1st transaction in the Electronics sector.
  • This is SOLE’s 1st transaction in Sweden.

M&A Deal Summary

Date 2003-07-07
Target Electrolux - Compressor Operation
Sector Electronics
Buyer(s) SOLE
Sellers(s) Electrolux Group
Deal Type Divestiture

Target

Electrolux - Compressor Operation

Sweden
Electrolux - Compressor Operation is a manufacturer of domestic and commercial appliance.

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Buyer(S) 1

Buyer

SOLE

Atlanta, Georgia, United States

Category Company
Sector Consumer Services
DESCRIPTION

SOLE SpA is a fresh and sophisticated relaxation destination provides world class massage services.


DEAL STATS #
Overall 1 of 1
Sector: Electronics M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2003 M&A 1 of 1

Seller(S) 1

SELLER

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 5 of 9
Sector: Electronics M&A 2 of 4
Type: Divestiture M&A Deals 5 of 7
Country: Sweden M&A 2 of 3
Year: 2003 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-08 Diamant Boart

Olathe, Kansas, United States

Diamant Boart, Inc. is a manufacturer and distributor of diamond tools and related equipment for the construction and stone industry.

Buy kr1.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-08-05 Vestfrost A/S

Esbjerg, Denmark

Vestfrost A/S is a manufacturer and marketer of refrigerators, upright freezers and chest freezers.

Sell -