By combining their complementary strengths, the 2 corporations are making a extra localized and aggressive platform to develop progressive merchandise, improve operational effectivity and help long-term sustainable development.
CHARLOTTE, N.C., Oct. 2, 2026 /PRNewswire/ — Midea Group and Electrolux Group are advancing their long-term strategic partnership in North America as all three joint ventures are actually reside. This milestone brings collectively two international business leaders with a shared ambition: to strengthen product competitiveness, speed up innovation and ship even higher worth to customers and clients.
The partnership was introduced on April 23, 2026, constructing on greater than 20 years of collaboration. It brings collectively the businesses’ capabilities in manufacturing, product improvement, innovation, provide chain and business methods to ship stronger worth to clients and customers in North America.
“As all three joint ventures go reside, the partnership marks a concrete step ahead within the corporations’ long-term technique in North America. By bringing our strengths collectively and dealing extra carefully throughout product improvement, operations and go-to-market, we are able to convert years of collaboration into new alternatives to innovate, enhance effectivity and higher serve customers and clients,” mentioned Louis Zhao, Vice President of Midea Group & President of Good House Enterprise Group.
“This partnership marks a significant milestone within the execution of Electrolux Group’s technique and places us able to speed up worthwhile development. It allows us to proceed to put money into sustainable, consumer-centric improvements to serve our clients and customers with even stronger product choices in North America,” mentioned Yannick Fierling, President & CEO of Electrolux Group.
Wanting forward, Midea Group and Electrolux Group will proceed strengthening native manufacturing and provide capabilities to satisfy evolving client wants. Collectively, the businesses plan to realize annual North American manufacturing of Meals Preservation and Cloth Care merchandise that’s roughly double present capability, whereas additionally increasing into new product classes.
About Midea Group
Midea is a worldwide expertise group masking seven enterprise segments, together with good house, industrial expertise, constructing applied sciences, robotics and automation, power, healthcare, in addition to good logistics. Based in 1968, Midea serves over 500 million customers yearly and operates greater than 400 subsidiaries, 41 R&D facilities and 68 main manufacturing bases throughout greater than 200 nations and areas. The group has invested over USD 10.4 billion in R&D over the previous 5 years.
About Electrolux Group
Electrolux Group is a number one international equipment firm that has been shaping dwelling for the higher for greater than 100 years. By way of main manufacturers together with Electrolux, AEG and Frigidaire, the group delivers options throughout style, care and well-being to customers in round 120 markets, with sustainability on the coronary heart of its merchandise and operations. In 2025, Electrolux Group recorded gross sales of 131 billion Swedish kronor and employed roughly 39,000 folks worldwide.
Midea Group x Electrolux Group JV go live-1
Midea Group x Electrolux Group JV go live-2
