The history of Electrolux in North America is fascinating to say the least. Just surfing the web, I found a bit more information about the corporation behind the Electrolux-branded vacs that were made in North American factories.
Here are some interesting dates and facts from the corporate website of Consolidated Foods:
"Born in Canada in 1896, Nathan Cummings began his career in his father's shoe store. By 1917 he had built his own shoe manufacturing firm. Cummings's enterprise eventually expanded into a successful importer of general merchandise. This venture allowed him to purchase a small biscuit and candy company, which he later sold at a profit.
In 1939, at the age of 43, Cummings borrowed $5.2 million to buy the C.D. Kenny Company, a small wholesale distributor of sugar, coffee, and tea established in 1870. The Baltimore-based company represented Cummings's first entry into U.S. markets, and he sought to increase the number of Kenny-label products.
After several smaller acquisitions, in 1945 Cummings acquired Reid, Murdoch and Company, the producer of the nationally recognized Monarch label. After this acquisition, the C.D. Kenny Company changed its name to the Consolidated Grocers Corporation, and in 1946 Consolidated made its first public stock offering, with a listing on the New York Stock Exchange. The Monarch purchase boosted sales to $123 million in 1946.
In 1951 Consolidated consisted of more than a dozen companies, and in 1953 sales passed $200 million. They did not remain that high for very long, however. Sales in 1954, the year Consolidated Grocers changed its name to Consolidated Foods Corporation, dropped to $133 million. Sales fell another $15 million the following year, when after-tax profits were only slightly greater than $1 million and earnings per common share fell almost 40 percent.
Cummings met these losses with further diversification. The Kitchens of Sara Lee, a five-year-old maker of frozen baked goods with annual sales of $9 million, was acquired in 1956 for 164,890 shares--not Consolidated's biggest purchase to date, but eventually a significant one. The company had been founded by Charles Lubin, who had named it after his daughter, and the firm's best-selling product was Sara Lee cheesecake. A slightly larger purchase of 34 Piggly Wiggly supermarkets marked Consolidated's first venture into food retailing. An even larger purchase, of the Omaha Cold Store Company, demonstrated Consolidated's preference for distribution and marketing operations rather than direct-to-consumer sales.
Between 1966 and 1967, Consolidated made eight of its first nonfood acquisitions, including Oxford Chemical Corporation, a maker of cleaning products; Abbey Rents, a home furnishings company; The North American branch of Electrolux vacuum cleaners; and the Fuller Brush Company. Consolidated also entered the apparel industry in 1968 when it purchased Gant shirts and acquired several other clothing makers during this period. Within five years, nonfood businesses comprised 50 percent of the company's profits.
In 1985 Consolidated announced that it would change its name to Sara Lee Corporation. The name was chosen because it was the corporation's most prominent brand name, and as a corporate name would give the company higher visibility and make advertising efforts more cost effective."
The article goes silent about the evolution of the Electrolux division of Sara Lee Corporation. All I see is that Sara Lee sold Electrolux in 1987. But I have not found out who bought it from them. Here is the article: "James, Frank E., "Sara Lee to Buy Dutch Business, Sell Electrolux," Wall Street Journal, September 18, 1987."
Wait - now I see more information from Reuters News Service:
The Sara Lee Corporation is in final negotiations to buy the food and consumer products business of the Dutch company Akzo N.V. for $600 million, the Chicago-based concern said today. Sara Lee also said it had signed a letter of intent to sell its Electrolux division, which makes vaccuum cleaners and electric carpet brushes, to investors led by Electrolux's management. It would not disclose the terms of that deal. Besides its well-known baked goods, Sara Lee makes Hanes underwear, Isotoner gloves, Leggs stockings, Jimmy Dean sausages and Kiwi shoe polish.
September 18, 1987
See the link below for Sara Lee's corporate history:
http://www.answers.com/topic/sara-lee-corp