Electrolux has agreed a long term partnership with Midea Group in North America, including joint ventures for Food Preservation and Fabric Care manufacturing. The plan includes factory closures, ...

Its valuation appears attractive considering its robust balance sheet, strong track record and numerous opportunities. Over ...

Electrolux Group will temporarily close its Anderson facility starting in July, resulting in employee layoffs.

Electrolux Group announces today that it has entered into agreements with Midea Group to establish a highly complementary long-term strategic partnership in Food Preservation (refrigeration) ...

Electrolux plans a $980 million rights issue and partners with China's Midea Group for joint ventures in North America as ...

(Yicai) April 28 -- Midea Group and Electrolux will link arms to set up a sales joint venture for refrigerators and freezers ...

Swedish appliance maker Electrolux said on Thursday it would launch a 9 billion Swedish crown ($976.34 million) rights issue ...

Electrolux's Anderson County plant will temporarily close, laying off 1,200 workers, as it restructures with Midea.

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CHONGQING, China — Carrier Asia Ltd. is acquiring a minority stake in Chongqing Midea General Refrigeration Equipment Co. Ltd., an extension of its long-term strategic partnership with Midea Group Co.

SUZHOU, China--(BUSINESS WIRE)--Midea Group (000333.SZ), a leading global high-technology company, today announced details of its next-gen robot vacuum cleaner, Midea’s S8+ auto-dust-collection robot, ...