Electrolux Professional
Electrolux Professional AB is a Swedish multinational professional appliance manufacturing company, headquartered in Stockholm. Originally formed as a division and later subsidiary of Electrolux, it was spun-off in March 2020. It produces a variety of products intended for professional consumers, while Electrolux remains more focused toward home consumers.
History
In January 2018, Electrolux Professional acquired a German-Austrian supplier of laundry rental solutions for professional consumers. In October 2018, Electrolux Professional acquired SPM, an Italian manufacturer of frozen beverage equipment.In April 2019, Electrolux Professional acquired Unic, a French manufacturer of the espresso machines.
In March 2020, Electrolux Professional has completed its spin-off from Electrolux. As a result, Electrolux Professional has been operated as an independent company and listed on Nasdaq Stockholm under the "EPRO" ticker symbol.
In October 2021, Electrolux Professional announced its intent to acquire Unified Brands from Dover Corporation for or. The acquisition was closed in December 2021.