Sunday, January 16, 2011

Electrolux washing machine factory acquired Merloni Ukraine

According to foreign media reports, Electrolux and Antonio Merloni Italy household electrical appliance enterprises company 9, signed a purchase agreement, Electrolux 1900 million euros will be financed the acquisition of the latter is located in Ukraine, a washing machine manufacturing factory.

Both acquisition related issues is expected to be in the first quarter of 2011.

Electrolux company President Stråberg said that through this acquisition, the company's factories in Eastern Europe's manufacturing base further expanded, and will contribute to the promotion company in Eastern Europe's market share and overall competitiveness.

Has said that Ukraine is signed a free trade area of the CIS agreement of one of the Member States, therefore this Electrolux factory acquired on its Eastern European market expansion or will benefit.

Antonio Merloni group is Italy famous family enterprise, also is the most important European market under its own brand of household appliance manufacturers and OEM manufacturers of domestic consumers known as heaters "Ariston" is the brand.

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