Divestiture • Electronics

Videocon Acquires Electrolux - Indian Appliance Operations

On July 7, 2005, Videocon acquired electronics company Electrolux - Indian Appliance Operations from Electrolux Group for 600M SEK

Acquisition Context
  • This is Videocon’s 1st transaction in the Electronics sector.
  • This is Videocon’s largest (disclosed) transaction.
  • This is Videocon’s 1st transaction in India.

Explore All 161 Divestiture Electronics Deals - Search the Database Free


M&A Deal Summary

Date July 7, 2005
Target Electrolux - Indian Appliance Operations
Sector Electronics
Buyer(s) Videocon
Sellers(s) Electrolux Group
Deal Type Divestiture
Deal Value 600M SEK

Target Company

Electrolux - Indian Appliance Operations

India
Electrolux - Indian Appliance Operations is a producer of powered appliances for kitchen, cleaning and outdoor use.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Videocon

Aurangabad, India

Category Company
Founded 1986
Sector Electronics
Revenue 9.1B INR (2019)
DESCRIPTION

Videocon is a household and professional appliances manufacturer. Videocon Industries was founded in 1986 and is based in Aurangabad, India.


Deal Context for Buyer #
Overall 1 of 1
Sector: Electronics 1 of 1
Type: Divestiture 1 of 1
Country: India 1 of 1
Year: 2005 1 of 1
Size (of disclosed) 1 of 1

Seller Profile 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 Context for Seller #
Overall 7 of 9
Sector: Electronics 4 of 4
Type: Divestiture 6 of 7
Country: India 1 of 1
Year: 2005 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-12 Husqvarna

Stockholm, Sweden

Husqvarna is a producer of outdoor power products, including robotic mowers, garden tractors, chainsaws, and trimmers. Husqvarna also produces consumer watering products as well as cutting equipment and diamond tools for the construction and stone industries. Husqvarna was founded in 1689 and is based in Stockholm, Sweden.

Sell -

Explore Related M&A Activity