Platinum Equity
Mergers. Acquisitions. Operations.
 

Mergers. Acquisitions. Operations.

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


 
Close

E-mail

*
*
*
*

Signing up for our Newsletter is subject to our Privacy Notice. You may unsubscribe at any time.

We are strongly committed to protecting your privacy. By submitting your contact information, you acknowledge that you have read our Privacy Notice and that you consent to our processing of data in accordance with our Privacy Notice.