Jump to content

SVP Worldwide: Difference between revisions

Edit links
From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
No edit summary
Tags: Visual edit Mobile edit Mobile web edit Advanced mobile edit
Penembus o (talk | contribs)
270 edits
No edit summary
 
Line 26: Line 26:
'''SVP Worldwide''' is an American [[Privately held company|privately held]] company that designs, manufactures, and distributes consumer [[sewing machine]]s and accessories around the world under three brands: [[Singer Corporation|Singer]],<ref>{{cite book |last1=Klooster |first1=John |title=Icons of Invention: The Makers of the Modern World from Gutenberg to Gates |date=2009 |publisher=Greenwood Press |isbn=9780313347436 |page=185 |url=https://books.google.com/books?id=WKuG-VIwID8C&pg=PA185}}</ref> [[VSM Group|Husqvarna Viking]], and [[Pfaff]].<ref name="R14">{{cite news |last1=Oran |first1=Olivia |title=Exclusive: Kohlberg looking to sell Singer sewing machine company - sources |url=https://www.reuters.com/article/us-singer-sale/exclusive-kohlberg-looking-to-sell-singer-sewing-machine-company-sources-idUSBREA2B1UR20140312 |access-date=28 November 2019 |work=Reuters |date=12 March 2014}}</ref>
'''SVP Worldwide''' is an American [[Privately held company|privately held]] company that designs, manufactures, and distributes consumer [[sewing machine]]s and accessories around the world under three brands: [[Singer Corporation|Singer]],<ref>{{cite book |last1=Klooster |first1=John |title=Icons of Invention: The Makers of the Modern World from Gutenberg to Gates |date=2009 |publisher=Greenwood Press |isbn=9780313347436 |page=185 |url=https://books.google.com/books?id=WKuG-VIwID8C&pg=PA185}}</ref> [[VSM Group|Husqvarna Viking]], and [[Pfaff]].<ref name="R14">{{cite news |last1=Oran |first1=Olivia |title=Exclusive: Kohlberg looking to sell Singer sewing machine company - sources |url=https://www.reuters.com/article/us-singer-sale/exclusive-kohlberg-looking-to-sell-singer-sewing-machine-company-sources-idUSBREA2B1UR20140312 |access-date=28 November 2019 |work=Reuters |date=12 March 2014}}</ref>


The company's corporate headquarters is located in Nashville, Tennessee, and is supplemented by regional headquarters and sales offices located in Milan (Italy), São Paulo (Brazil), and Sydney (Australia).<ref name="ReferenceA">{{cite web |url=http://www.svpworldwide.com/news/press/2020/svp-worldwide-announces-its-new-research-and-devel |title=SVP Worldwide Announces Its New Research and Development Facility in Huskvarna/Jönköping area in Swe – SVP Worldwide |website=www.svpworldwide.com |url-status=dead |archive-url=https://web.archive.org/web/20200126201933/http://www.svpworldwide.com/news/press/2020/svp-worldwide-announces-its-new-research-and-devel |archive-date=2020-01-26}} </ref>
The company's corporate headquarters is located in Nashville, Tennessee, and is supplemented by regional headquarters and sales offices located in [[Milan]] (Italy), [[São Paulo]] (Brazil), and [[Sydney]] (Australia).<ref name="ReferenceA">{{cite web |url=http://www.svpworldwide.com/news/press/2020/svp-worldwide-announces-its-new-research-and-devel |title=SVP Worldwide Announces Its New Research and Development Facility in Huskvarna/Jönköping area in Swe – SVP Worldwide |website=www.svpworldwide.com |url-status=dead |archive-url=https://web.archive.org/web/20200126201933/http://www.svpworldwide.com/news/press/2020/svp-worldwide-announces-its-new-research-and-devel |archive-date=2020-01-26}} </ref>


Via its affiliates, SVP operates in more than 180 countries.<ref>{{cite web |url=https://www.svpworldwide.com/about/locations |title=Locations |last= |first= |date= |website= |publisher=SVP Worldwide |access-date=April 25, 2021 |quote=}}</ref>
Via its affiliates, SVP operates in more than 180 countries.<ref>{{cite web |url=https://www.svpworldwide.com/about/locations |title=Locations |last= |first= |date= |website= |publisher=SVP Worldwide |access-date=April 25, 2021 |quote=}}</ref>

Latest revision as of 09:44, 10 June 2024

SVP Worldwide
Company typePrivate
IndustrySewing machines
PredecessorKohlberg & Company
Founded2004; 20 years ago (2004)
Headquarters
Nashville, Tennessee
Key people
Carl-Martin Lindahl (CEO)
OwnerPlatinum Equity
Websitesvpworldwide.com

SVP Worldwide is an American privately held company that designs, manufactures, and distributes consumer sewing machines and accessories around the world under three brands: Singer,[1] Husqvarna Viking, and Pfaff.[2]

The company's corporate headquarters is located in Nashville, Tennessee, and is supplemented by regional headquarters and sales offices located in Milan (Italy), São Paulo (Brazil), and Sydney (Australia).[3]

Via its affiliates, SVP operates in more than 180 countries.[4]

The company has its central R&D, sales, and customer service employees in the Huskvarna/Jönköping region of Sweden with support teams in Shanghai, London and Nashville.[3]

History

[edit]

SVP was formed when Kohlberg & Company, an American private equity firm that owned the Swedish VSM Group (owner of the Husqvarna Viking and Pfaff sewing machine brands), combined VSM with Singer,[5] which it acquired in 2004 for $134 million.[6] The company was founded in 2006[2] and was formerly headquartered in Hamilton, Bermuda.[7]

In 2018, Kohlberg & Company sold SVP Worldwide to Ares Management, a publicly traded global asset manager based in Los Angeles.[7]

In 2020, SVP's subsidiary Singer reported an increase in machine sales due to the COVID-19 pandemic. In response, the company released a variety of patterns for DIY reusable face masks.[8] Also in 2020, SVP collaborated with the Amazon Prime show Making the Cut.[9]

In 2021, SVP unveiled an upcoming sewing machine, the Pfaff Creative Icon 2, which will operate with artificial intelligence functions.[10] Also in 2021, SVP was acquired by Platinum Equity.[11]

See also

[edit]

References

[edit]
  1. ^ Klooster, John (2009). Icons of Invention: The Makers of the Modern World from Gutenberg to Gates. Greenwood Press. p. 185. ISBN 9780313347436.
  2. ^ a b Oran, Olivia (12 March 2014). "Exclusive: Kohlberg looking to sell Singer sewing machine company - sources". Reuters. Retrieved 28 November 2019.
  3. ^ a b "SVP Worldwide Announces Its New Research and Development Facility in Huskvarna/Jönköping area in Swe – SVP Worldwide". www.svpworldwide.com. Archived from the original on 2020-01-26.
  4. ^ "Locations". SVP Worldwide. Retrieved April 25, 2021.
  5. ^ Buckman, Jack (2016). Unraveling The Threads: The Life, Death and Resurrection of the Singer Sewing Machine Company, America's First Multi-National Corporation. Dog Ear Publishing. pp. 269–270. ISBN 9781457546617.
  6. ^ "Kohlberg Unit Buys Singer Brand and Business". The New York Times. October 2, 2004. Retrieved December 20, 2019.
  7. ^ a b "About – SVP Worldwide", Svpworldwide.com, retrieved December 20, 2019
  8. ^ Koncius, Jura (July 1, 2020). "The pandemic-fueled demand for masks has reignited interest in an age-old skill". The Washington Post. Retrieved April 25, 2021.
  9. ^ Tschorn, Adam (April 17, 2020). "Our fashion critic reviews 'Making the Cut's' winning looks: 'Coachella-worthy'". Los Angeles Times. Retrieved April 25, 2021.
  10. ^ McClatchie, Chrissie (February 15, 2021). "A Stitch in Time: Carl-Martin Lindahl". The CEO Magazine. Retrieved April 25, 2021.
  11. ^ "Platinum Equity Completes Acquisition Of Global Sewing Machine Manufacturer SVP Worldwide". PR Newswire. August 2, 2021.
[edit]
Retrieved from "https://en.wikipedia.org/w/index.php?title=SVP_Worldwide&oldid=1228271454"