Husqvarna new Core Investment

Husqvarna is a world leader in outdoor power products for forestry and lawn and garden care. Husqvarna is also one of the leaders in cutting equipment and diamond tools for the construction and stone industries.

Operating in 100 countries

In 2005, the Husqvarna Group had sales of SEK 29 billion and an average of 12,000 employees. North America and Europe are the major markets. The Group maintains production and sales facilities in more than 100 countries.

Husqvarna products are designed for both consumers and professional users and have a worldwide reputation for performance, quality and reliability.

Some Husqvarna history

1689: The first Husqvarna factory is established as a weapons foundry.

1872: Husqvarna starts production of cast-iron sewing machines and kitchen equipment.

1934-1949: Household products develop rapidly in terms of both technology and sales. During this period Husqvarna produces its first electric cookers, dishwashers and washing machines.

1978: Electrolux acquires Husqvarna.

February 2005: Electrolux’s board decides that the operations in Outdoor Products should be spun off as a separate unit and distributed cost effectively to Electrolux shareholders no later than by mid-2006.

April 2006: Electrolux Annual General Meeting decides to distribute all shares in Husqvarna to Electrolux shareholders. Husqvarna’s board subsequently applies for a listing of the company’s shares on the O-list of the Stockholm Stock Exchange.