Electrolux Group has completed Memphis factory divestment
- Written by PR Newswire
STOCKHOLM, Dec. 22, 2023 /PRNewswire/ -- Electrolux Group has divested its factory in Memphis, Tennessee, USA, for a cash consideration of USD 35m (approx. SEK 350m).
The gain of approximately USD 25m (approx. SEK 250m) from the divestment will be recorded as a non-recurring item, positively impacting the operating income in business area North...
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