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SVP Worldwide

Consumer • Private Transaction • Acquired in July 2021

A leading global sewing machine and accessories company

KEY FACTS

SVP Worldwide accounts for more than one out of three consumer sewing machines sold worldwide through three iconic brands: SINGER®, VIKING®, and PFAFF®. Singer founded the world’s first sewing machine in 1851 and has been synonymous for sewing for over 160 years.
Products are sold across a network of sewing machine dealers, mass retailers, specialty shops, online retailers, distributors, and the company’s 180 internally operated retail stores.
The company is a global business that serves consumers in more than 180 countries. Operations include manufacturing facilities in Asia and Latin America, multiple R&D centers, including a new state-of-the-art facility in Sweden, a software development center in the UK, and a global supply chain with distribution centers in all regions.

INITIATIVES

Pursue organic growth and potential strategic add-on acquisitions
Execute operational improvement initiatives

NEWS

Platinum Equity to Acquire Global Sewing Machine Manufacturer SVP Worldwide »

Platinum Equity Completes Acquisition of Global Sewing Machine Manufacturer SVP Worldwide »

updated 8/21

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