Plumbing Connection

Main Menu

  • News
  • Products
    • Backflow Prevention
    • Drainage & Venting
    • Fire Services
    • Hot Water
    • HVAC
    • Pipes & Fittings
    • Sanitary Equipment
    • Tapware & Fittings
    • Tools & Equipment
  • Codes, Standards & Regulations

logo

Plumbing Connection

  • News
  • Products
    • Backflow Prevention
    • Drainage & Venting
    • Fire Services
    • Hot Water
    • HVAC
    • Pipes & Fittings
    • Sanitary Equipment
    • Tapware & Fittings
    • Tools & Equipment
  • Codes, Standards & Regulations
Hot WaterNews
Home›Technology›Hot Water›Electrolux to close hot water business

Electrolux to close hot water business

By Staff Writer
18/10/2016
1643
0

The recent successful acquisitions of the established Vintec and BeefEater Barbecues businesses has prompted the Electrolux decision to close down its three-year-old hot water operation.

Announcing this today, Mike Putt, Managing Director – Australia and New Zealand, said the addition of the new businesses meant there was simply “no room” for the hot water operations whose employees would be retained to work elsewhere within Electrolux.

“Electrolux is focussed on profitable growth,” Mr Putt said. “And Vintec, and BeefEater Barbecues which we bought two years ago, are very successful established businesses with the potential to continue to deliver that growth.

Mr Putt added that Electrolux would continue to look for further opportunities to acquire enterprises which were synergistic with the company’s core major and small household appliances business with the potential for profitable growth.

Previous Article

Axor Montreux

Next Article

Less than the sum of its parts

Advertisement

Sign up to our newsletter

Advertisement

Lastest posts

  • Where are we on lead-free?
  • A modular movement: Can prefab homes tackle the housing crisis?
  • Not one, not two, not three, but 37 microskills!
  • Four major legal changes in the construction sector
  • Rather be safe than sorry, check gas bottles
  • Home
  • About Plumbing Connection
  • Download Media Kit
  • Contribute
  • Contact Us