As previously communicated, Staffan Bohman has announced that he will not be available for re-election at the Annual General Meeting 2024. The Nomination Committee proposes that Torbjörn Lööf is elected as new Chairman of the Board at the Annual General Meeting of AB Electrolux on March, 27, 2024.
Torbjörn Lööf is Board member of Husqvarna AB, Essity Aktiebolag, AB Blåkläder and Mercer International Inc. During the period 1989-2020, Torbjörn Lööf has held several senior management positions within the IKEA-sphere. Among other positions, he has been CEO of Inter IKEA Holding, Inter IKEA Systems and IKEA of Sweden. He has also held senior management positions at IKEA in Sweden and Italy and been Chairman and Board member of numerous IKEA-companies.
Torbjörn Lööf is born 1965 and is a Swedish citizen.
Torbjörn Lööf has a solid background within the IKEA-sphere with extensive experience of working with a strong brand, global supply chains and strategic ability to develop and successfully adapt the business in a changing global environment as well as experience as Board member of public companies. It is the opinion of the Nomination Committee that this makes him very well suited as Chairman of AB Electrolux to lead the company’s ongoing work to sharpen its strategic focus to grow profitably in selected home appliance categories in the mid- and premium segments and enable return to good results and profitability levels and achieving the company’s financial targets.
The Nomination Committee’s complete proposal will be presented in the notice to the Annual General Meeting 2024
Category Archives: Domestic appliance news,
EU antitrust approves Whirlpool-Arçelik merger
The European Antitrust has approved the merger of Whirlpool ‘s activities in Europe with those of Arçelik into Beko Europe . European Commission officials believe that the union of the former Whirlpool EMEA brands with Turkish ones does not lead to dominant positions.
The start of the operation announced in January 2023, however, must wait until the spring of 2024 when the English Antitrust Authority will complete its in-depth investigation having detected in an initial analysis the risk of a significant reduction in competition, especially in some areas of the market .
Whirlpool confident of a ‘green light’ also from London
Hailing the EU Commission’s decision, Whirlpool said it was confident that the CMA, at the end of the investigation, would also agree with the assessments expressed at the European level. However, the operation will be carried out, at worst, giving up access to the English market for some brandsThe Whirlpool-Arçelik operation in brief
Subject of the agreement: The agreement includes Whirlpool’s 38 European subsidiaries and 9 production sites in Italy, Poland, Slovakia and the United Kingdom, as well as Arçelik’s 2 production plants in Romania and its 25 European subsidiaries. Together, this will result in a production capacity of approximately 24 million white products per year.
Contractors . Shareholders of the new company are Whirlpool Emea Holdings LLC and Ardutch, a wholly owned subsidiary of Arçelik, a Dutch holding company through which Arçelik controls its activities in Europe. The deal will see both Ardutch and Whirlpool transfer their European subsidiaries to new Chinese company Beko Europe.
Subdivision of shares. After these transfers, it is expected that 75% of the new company will be allocated to Ardutch BV and 25% to Whirlpool. The final post-closing ownership ratio will be determined taking into account the parties’ respective 2022 EBITDA, net asset values, net debt and net working capital.
TIME GE
TIME has named our GE Profile Smart Mixer to its list of Best Inventions of 2023! Each year, TIME recognizes groundbreaking inventions that are making the world better, smarter, and even a bit more fun.
Glen Dimplex Heating & Ventilation (GDHV) and RKW Ltd announce agreement transfer of Redring and Burco water heating brand
Glen Dimplex Heating & Ventilation, a leader in electrical HVAC solutions, and RKW, a leading European distributor and manufacturer of domestic appliances, are pleased to announce an agreement that will see the transfer of the renowned water heating brands, Redring and Burco.
This agreement aligns to both company’s strategies with GDHV’s ongoing commitment to focussing on their portfolio of brands and technologies in the electric heating and ventilation categories, and RKW’s continued expansion plan into new product categories that complement core operations.
Ian Stuhldreer, Interim Commercial Director for GDHV says “We believe that this transition will enable new opportunities for growth in GDHV’s core categories, and we are confident that under RKW’s stewardship Burco and Redring will continue to evolve while maintaining the high standards of quality and innovation that have become synonymous with these brands. I would like to take this opportunity to express my sincere gratitude to our customers for supporting these brands whilst they were part of the GDHV family.”
For RKW, the agreement comes at an exciting time as the business continues to grow.
Rob Sutton Managing Director of RKW says “We are delighted to welcome Redring and Burco to RKW’s stable of leading brands. We feel privileged to be taking over recognised leading brands with real heritage in their respective markets.”
“RKW has a talented team with a proven track record of brand building. Our team will ensure the high service levels established by GDHV are maintained as we look to grow the brands and product ranges. We look forward to working with customers who have loyally supported Redring and Burco in recent years.”
Please note that Glen Dimplex Ireland have a distribution agreement in place with RKW to continue to sell product on the Island of Ireland.
Lg returns to TV with an advert dedicated to Instaview refrigerator
The new LG Electronics television campaign dedicated to the world of Side by Side LG InstaView refrigerators kicked off this week .
The television campaign is part of a broader communication campaign , which will also have variations on digital and social platforms, aimed at consolidating brand and product awareness.
The campaign is developed around the concept ” LG InstaView: the refrigerator made to look inside ” which refers to the peculiarity of the InstaView technology which allows, with two simple touches of the hand on the darkened glass panel, to look inside the refrigerator without having to open, thus avoiding unnecessary dispersion of cold air which is the basis of poor food preservation.This useful function was created precisely to deal with a very widespread habit: opening the refrigerator door and keeping it open for a long time while waiting to check its contents, decide what to eat, which foods to buy… that is, the bad habit created basically by the protagonist of the commercial, filmed while, motionless, he stares at the inside of the refrigerator without being able to make a decision
SMEG Design Europa coffee machine
Smeg received the DesignEuropa Award for its BCC Full Automatic coffee machine. Organised by the European Union Intellectual Property Office (EUIPO), the DesignEuropa awards recognise and reward great products and designers in the field of industrial design. The finalists stood out from almost 700 applicants for setting new standards in design, as well as prioritising sustainability and social impact.
The BCC machine represents a perfect synthesis of Smeg’s vision – the company said – a product with an iconic design that conceals advanced technology. It is the dialogue between technology and design that makes the product empathetic and user-friendly, so that the user can use it at any time of day
BBC by Smeg is an automatic coffee machine with a milk system. It features thermoblock heating system that ensures a faster preparation time for the machine and precise temperature control of the water for coffee extraction; built-in coffee grinder; foam for every drink thanks to the integrated milk system; pump pressure 19 bar for an always correct extraction of the espresso. The machines, available in White, Black and Emerald Green, can prepare 5 coffee drinks, 4 milk drinks and ha the hot water function.
EE branches into ecommerce to sell smart TVs, fridges and kettles
EE will start selling smart fridges, TVs, kettles and fitness products as it branches out into the ecommerce market.
The telco company aims to utilise tactics developed selling its telecoms goods and services to support its venture into consumer electronics.
The move comes after EE was found success in selling video games consoles including Xbox and PlayStation.
The new set of products will be available to purchase online and in some EE stores, including its new EE studios
Haier India introduces 306 Washing Machines Series
Haier has launched its new range of washing machines in India, the 306 series, with industry-first feature Ultra Fresh Air. The machines are priced at an affordable starting price of INR 21,900/- and are available across retail stores. The washing machines offer premium wash and fabric care with new-age technologies, including Oceanus wave drum, Near Zero Preassure Technology, smart fuzzy logic, and auto restart. The smart top-load washing machines come with an elegant soft closing door for added safety while shutting the door of the washing machine
Glem Gas aims to carbon neutrality
Glem Gas is more and more committed in reducing its enviromental impact. The company has recently announced the intention of embarking on the path of carbon neutrality, containing its carbon footprint. As it explains, «to fulfill the process of balancing the carbon dioxide emissions produced and the development of action plans aimed at their compensation, Glem Gas has set itself the goal of obtaining continuous improvements and concrete results for the protection of the environment along its entire supply chain productive, also through raising the awareness of its employees. In doing so, Glem Gas follows and anticipates market progress to guarantee the highest quality even when it comes to attention and respect for the environment; after all, we know that good cuisine is also made up of evolution».
Having therefore established the intention of minimizing the quantity of energy withdrawn from the grid and consequently also reducing CO2 emissions, the next step was to join the project co-financed by the European Regional Development Fund which blends perfectly with the corporate vision of Economy, Society and Environment that Glem Gas has.
During 2023, with the contribution of the ENERGY FUND of the Emilia-Romagna Region, the installation of a photovoltaic system with a power of 399.84kW composed of over 700 panels was carried out and a revamping was carried out on an existing system since 2010 with a power of 150.00kWp, thus implementing 50% energy efficiency for its infrastructures. «This important action allows us to produce clean energy starting from the sun, as it is a natural and renewable source, and more precisely provides: production of 469,740 kWh of electricity every year, corresponding to 70 TOE/year (double compared to what has been produced up to now); reduction of CO2 emissions, more precisely 95.8 t/year of CO2 avoided; reduction of oil consumption in the production cycle, avoiding the annual production of 221,000 liters of oil
Hamilton Beach Commercial Summit Edge High Performance Blender
Hamilton Beach commercial have launched the Ultra-quiet blending with advanced Quiet Blend™ Technology. The new Summit Edge (HBH855-UK) is more powerful, quieter, and performs better and faster than its predecessor. It has a more compact footprint and is easier to use.
Blend your toughest recipes with PowerBlend
With a 3.5 HP motor – it is our most powerful blender yet.
Ultra-quiet blending with Advanced Quiet Blend™ Technology
One touch to perfect consistency with Auto Blend
Intuitive touchpad with optimised programming – 6 one-touch buttons, variable speed and pulse function
Stackable 1.4L BPA-Free Co-Polyester container with a mess-free spout for easy pouring and laser-etched measurements
Optimised programming with an easily accessible front-facing USB port.
Programing – available in 11 languages.
Easy-to-use Quiet Shield™ sound enclosure – tool-free assembly and removal for cleaning
Built-in sensors for reliable, long-lasting performance extends clutch lifespan
Durable hybrid drive coupling
Lifetime blade warranty
Uses full cube ice
WHITEGOODSNOW 