Smeg Professional is the new name for SMEG foodservice
The naming of the corporate division “Smeg Foodservice” has been officially renewed in favor of “Smeg Professional.” With the new name, SMEG clearly and effectively communicates its longstanding goal of making dedicated products that meet the needs of the HoReCa industry.
Monthly Archives: October 2023
Electrolux divests the facility in Memphis
Electrolux Group will divest its manufacturing facility in Memphis, Tennessee, USA to a US-based investment company for a cash consideration of 61 million dollar. The agreed divestment follows a previous agreement with another buyer which was not completed.
The agreement includes a due diligence period before closing of the transaction, during which the buyer can terminate the contract. The approximate gain of 50 million dollar from the divestment will be recorded as a non-recurring item, positively impacting the operating income in business area North America, in connection with closing of the transaction.
According ti Electrolux, closing and the positive cash flow impact are expected to occur during the fourth quarter of 2023. The Group’s production in Memphis stopped on June 30, 2022, and the operations have been transferred to the new facility in Springfield, Tennessee
BSH UK PROFITS
BSH UK experienced a huge boost to its profits in the last financial year in spite of a decrease in its overall turnover figure.
In its 2022 accounts, just filed with Companies House, the appliance giant revealed that pre-tax profits were up by over 26% on the previous year to £30.2m.
This increase in profit is despite a slight fall in turnover to £811m, roughly 4.4% lower than the previous year.
Electrolux Australia Revenues & Profits Fall,
Despite revenues of close to a billion dollars in the Australian operation Swedish appliance Company Electrolux Home Products, has only managed to deliver a $70.24M profit According to their latest financials the Company saw revenues fall from $950.7 million to $932.3 million according to returns filed last month for the 2022 calendar year.Another problem for the business is New Zealand where competitors have stripped market share with both revenue and profits falling.
In New Zealand Electrolux saw revenues fall from $89.5M to $70.9M.
2050: Appliances of the Future conference
Amdea, the UK Association of Manufacturers of Domestic Appliances, reported its satisfaction for “2050: Appliances of the Future conference: The Road to Net Zero”, the event organized at the end of September by the Association itself. The latest was the third edition, supported by City, University of London and the OPSS (Office for Product Safety and Standards). The event saw guest speakers from manufacturing, retail, regulation and policy focus on the next steps for achieving a sustainable home appliance industry, as we move towards a net-zero future.
«There’s no doubt that appliances have a big role to play in supporting the achievement of net zero homes – said Paul Hide, Amdea Ceo in his speech –. Estimates suggest that within the 29 million UK homes, there are at least 130 million large appliances and over 300 million small appliances. More than 98% of UK homes have at least one large appliance and annual UK sales of this industry exceed 12 million large appliances and 50 million small appliances. This equates to a UK market worth close to £8 billion a year at retail and supports many thousands of UK jobs.»
Hide also underlined Amdea’s responsibility is to ensure there is a net zero action plan across the full supply chain – from sustainable raw materials and sourcing precious minerals to carbon-and water-neutral manufacturing, net zero delivery to the customer’s home, net zero impact in use and full recyclability and material recovery at the end of an appliance’s maximum useful life
AB Electrolux Chairman Staffan Bohman declines re-election
Staffan Bohman has today notified the AB Electrolux Nomination Committee that he will not be available for re-election as Chairman of the Board of AB Electrolux at the Annual General Meeting in 2024.
Staffan Bohman has been Chairman since 2018. He is also a member of the Audit Committee and the People Committee.
The Nomination Committee’s process of proposing a successor has been initiated
AEG Sense Boil & Fry Hob
The new AEG 8000 Sense Boil & Fry hob makes assisted cooking more effortless with a CookSmart Touch Display, and a range of functions that save energy and enhance the cooking experience.
✅ Boils water up to twice as fast and saves up to 18% energy*
✅ Sense Boil avoids boiling over, saving further energy
✅ Sense Fry avoids overheating the pan and means a perfect result, every time
Schulthess new ProLine washing machine
The new proLine washing machine from Schulthess revolutionizes the washing experience
Saving time and doing more laundry, reducing costs and protecting the environment at the same time has never been easier: the new proLine from Schulthess brings momentum to laundry. With the currently fastest washing programs, you can handle up to 500 more loads of laundry every year. Thanks to perfectly coordinated programs, you save electricity and water with every wash cycle. The high-quality industrial devices for professionals are robust and durable as usual. Swiss quality that pays off.For new washing records with a hygiene guarantee
The latest generation of our commercial and industrial devices has been adapted to industry-specific needs and is state-of-the-art. With the multilingual operation and the profiClean programs, professional cleaning is guaranteed to be successful. With wetClean, among other things, you have a cost-effective and environmentally friendly alternative to chemical cleaning and you don’t give germs a chance thanks to disinfection programs.
W65 7kg 65l
W80 9kg 80l
W100 11kg 100l
W130 14kg 130l
W160 18kg 160l
Kent-fiesta hobs
Meet the new members of the MOON SERIES built-in hob family! From KENT – FIESTA
There is definitely one design to suit everyone!
De’Longhi presents the machine for hot and cold coffee
La Specialista Maestro is De’Longhi first-ever manual coffee machine that combines both hot and cold coffee in one awesome machine. The model is able to prepare a silky smooth Cappucino, a rich Espresso or creamy Latte and cold coffee with the options Cold Brew on ice or velvety Espresso Cool.
WHITEGOODSNOW 