Electrolux Corporation

Electrolux Corporation

Founded in Sweden in 1919 by entrepreneur Axel Wenner-Gren, Electrolux has shaped living for the better for 100 years. Electrolux company currently owns Frigidaire, Tappan, Kelvinator and Gibson appliance brands.

In 2014, Electrolux tried to purchase the General Electric appliances division at a cost of more than $3 billion in cash. The deal was quashed by the United States Department of Justice on the grounds that the merger of the two companies would create an unfair monopoly in the American household appliances market.