Hoover Vacuum Cleaners have been around for over a century. Founded in 1908, the company has since become one of the most recognizable names in the vacuum cleaner industry. But who exactly owns Hoover Vacuum Cleaners?
Hoover Vacuum Cleaners is owned by Techtronic Industries, a Hong Kong-based consumer goods manufacturer. Techtronic Industries also owns other well-known brands, such as Dirt Devil, Oreck and Vax.
Techtronic Industries was founded in 1985 and began as a small electronics firm. Over the years, the company has grown significantly and now has a presence in over 40 countries. The company’s annual revenue is estimated to be around $6 billion.
Techtronic Industries is a publicly-traded company, listed on the Hong Kong Stock Exchange. The majority of the company’s shares are owned by its founder, Horst Pudwill, who is also the company’s chairman. Pudwill has been with the company since its founding in 1985 and is credited with leading the company’s growth and success.
As for Hoover Vacuum Cleaners, the company is run by a team of experienced executives who have decades of experience in the vacuum cleaner industry. The current president of the company is Jeff McPherson, who has been with the company since 2008.
Hoover Vacuum Cleaners is a leader in the industry and is known for its innovative products and powerful cleaning solutions. The company’s products are available in over 50 countries, and the company continues to be a world leader in the vacuum cleaner industry.
Frequently Asked Questions
FAQ #1: Who owns Hoover Vacuum Cleaners?
Answer: Hoover Vacuum Cleaners are owned by the TTI Floor Care North America, a division of Hong-Kong based Techtronic Industries.