Electrolux Group divests Nyíregyháza factory in Hungary to Qvantum

Written by PR Newswire

STOCKHOLM, Sept. 15, 2023 /PRNewswire/ -- Electrolux Group has divested its manufacturing facility in Nyíregyháza, Hungary to Swedish heat pump manufacturer Qvantum for a cash consideration of EUR 38m (approx. SEK 455m).

The approximate gain of EUR 25m (approx. SEK 300m) will be recorded as a non-recurring item, positively impacting...

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