We are very excited to announce that Electrolux Professional AB has picked Treasury Systems to be their new supplier of TMS solutions. Electrolux Professional AB is a new company that will spin off from Electrolux Group and operate as a independent company.
“AB Electrolux, a leading global company selling household and professional appliances, today announced that it is preparing for the separation of its Professional Products business area from the Group. The Electrolux Board of Directors has initiated work intending to propose that a shareholders meeting decides to split the Group into two listed companies, “Electrolux” for household appliances and “Electrolux Professional” for professional appliances, and to distribute Electrolux Professional to the shareholders of AB Electrolux in 2020.”
Press release from Electrolux Group
January 31, 2019