AEG (brand)

Last updated
AEG
Company type Division
Industry Home appliance
Founded1887;139 years ago (1887)
Founder AEG
Headquarters,
Germany
Area served
Worldwide
Products Home appliances
Owner Electrolux (100%)
Parent Electrolux
Website www.aeg.com

AEG, also known as AEG Electrolux, is a German household appliances brand. [1]

Contents

Founded in 1887, it originally belonged to the German company of the same name, [2] active in the electronics and metalworking sectors. In 1994, the division was sold to the Swedish company Electrolux, [3] which still owns it and sells products under the brand name.

History

The AEG brand was born in 1887 following the name change of the company founded in 1883. [2]

In 1985, AEG was acquired by Daimler-Benz, into which it was incorporated in 1996. [4]

In 1994, AEG's household appliances division was sold to the Swedish multinational Electrolux, which relaunched the brand as AEG Electrolux in 2005. [3]

Logos

References

  1. "AEG | - About AEG". www.aeg.com. Retrieved 2014-07-29.
  2. 1 2 "Aktien und Historische Wertpapiere Geschichte der AEG". www.dm-aktie.de. Archived from the original on 12 September 2015.
  3. 1 2 AEG Sets Job Cuts And Sale Of Unit - Brandon Mitchener, International Herald Tribune / The New York Times, 9 December 1993
  4. "AEG's journey from global electrics giant to major appliance brand" . Retrieved 3 July 2023.