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Electrolux Professional AB picks Treasury Systems

News   •   Aug 12, 2019 14:00 CEST

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

We will help Electrolux Professional to modernize and increase efficiency through the treasury value chain by implementing our next generation treasury management system.

“We are very excited to welcome Electrolux Professional AB to Treasury Systems family. We look forward to good cooperation and enhancing treasury operations and automation together with the team at Electrolux.”

Erik Åkerlund
Head of Sales
Treasury Systems

Learn more about Electrolux Professional here: professional.electrolux.com