Electrolux Professional Group

Electrolux Professional Group Overview

Company Headquarters: Stockholm, Sweden

Founded: 1962

Workforce: ~ 4,022

Estimated Commercial Laundry Revenue- US$ 372 Mn

Company Working: Electrolux Professional Group is a manufacturer and distributor of food services, beverages, and laundry solutions and serves a broad range of consumers globally, and covers restaurants, hotels, healthcare, educational, and other service facilities. The company's solutions are sold in 110 countries and have around 12 manufacturing facilities in seven countries. The company’s product portfolio includes refrigerated cabinets, cooking ranges, combi ovens, coffee grinders, chillers and dishwashing equipment, commercial washers, tumble dryers, drying cabinets, and various other products. The company operates across the Americas, Europe, Asia-Pacific, Middle East, and Africa. The company operates in two business segments that is food & beverages and laundry, food & beverages offers a broad range of equipment for professional cooking and beverages solutions and the laundry segment offers a several range of equipment for commercial laundry operations. The laundry segment's major products are washers, tumble dryers, drying cabinets, ironers, and related specialty accessories and consumables.

Strategy

Electrolux Professional Group's strategy is focused on building operation improvement that includes productivity, sales, and cost efficiency within the supply chain. These are grown via boosting Customer Care for higher margins, innovative sustainable solutions, growth in chain businesses, and leverage. The growth of the business by developing sustainable and innovative solutions that have low running costs. Focusing on boosting sales by targeting new customers as well as existing customers. The company has also changed its business structure, to enable faster execution of the company’s strategic priorities. The new organization has five Business Areas focused on customer categories and geographies: Food in Europe, Food Americas, Food in APAC & MEA, Beverage & Food Preparation, and Laundry.

Company Snapshot

$789M

Revenue

4,022

Employees

1962

Founded

Stockholm, Sweden

Headquarters

SWOT Analysis

Strengths

The company has products those are strong brand recognition in the food & beverages and laundry industry
Diversified product portfolio
Successful track record of creating innovative products

Weaknesses

The company is highly reliant on the exchange rates of currencies of several markets in the world and the fluctuations in the currency can impact revenue growth as well as profitability

Opportunities

Shifting consumers preferences in accordance with the upcoming trends in the market
Generating new customers from new distribution channels like, online retailing
Expansion in new emerging markets

Threats

Rising competition from local and global players working in the commercial laundry machines market

Product Offering

Electrolux Professional Group
- Commercial Laundry Machines

Financial Performance

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