SVP Worldwide, doing business through SVP-Singer Holdings, Inc. and its affiliates, is the world’s largest consumer sewing machine company, accounting for approximately one out of every three household sewing machines sold annually across the globe. The company and its three iconic brands - SINGER®, VIKING®, and PFAFF® - have delighted consumers for over 460 years. These premium brands and products are regarded as the choice for serious sewists and novice crafters. The company’s corporate headquarters is located in Nashville, TN, and supported by regional headquarters/sales offices located in Milan (Italy), and Mexico City (Mexico) that, combined, reach consumers in more than 180 countries. SVP has manufacturing facilities across Asia and Latin America, multiple R&D centers, a software development center in Europe, and a global supply chain with distribution centers in all regions. SVP Worldwide has a history of innovation and has established a leading offering in the Internet-of-Things (IoT) segment by introducing mySewnet®, the industry’s first cloud-based operating system. Its product portfolio covers entry-level sewing machines all the way up to advanced, internet-connected, leading-edge household sewing machines that retail for $18,999 and all segments in-between. In addition to sewing machines, the product portfolio includes sewing accessories, notions, garment care products as well as software. The products are sold across a network of sewing machine dealers, mass retailers (e.g., Costco, Walmart, Lidl, MediaMarkt, Carrefour), specialty retailers (e.g., Joann, Michaels), online retailers (e.g., Amazon, Tmall), distributors, and through the company’s 180 internally operated retail stores.
Location: United States, Tennessee, La Vergne
Employees: 1001-5000
Founded date: 1851
Investors 1
Date | Name | Website |
06.08.2021 | Platinum E... | platinumeq... |
Mentions in press and media 5
Date | Title | Description |
02.08.2021 | Platinum Equity Completes Acquisition of Global Sewing Machine Manufacturer SVP Worldwide | LOS ANGELES (August 2, 2021) – Platinum Equity announced today that it has completed the acquisition of a controlling stake in SVP-Singer Holdings, Inc. and its wholly owned subsidiaries (“SVP Worldwide”), the world’s largest consumer sewin... |
11.06.2021 | In DiDi IPO, a one-time rival Uber stands to gain | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. A few years ago, local ride-hailing upstarts in countries including Southeast Asia and China defe... |
10.06.2021 | Platinum Equity to Acquire Global Sewing Machine Manufacturer SVP Worldwide | LOS ANGELES (June 10, 2021) – Platinum Equity announced today a definitive agreement to acquire a controlling stake in SVP-Singer Holdings, Inc. and its wholly owned subsidiaries (“SVP Worldwide”), the world’s largest consumer sewing machin... |
04.02.2021 | SVP Worldwide Announces Its New Research and Development Facility Opening in Huskvarna/Jönköping area in Sweden USA - English USA - English España - español Latin America - español | |
19.11.2020 | SVP Worldwide Introduces the World's First Cloud Subscription Service for Embroidery Editing & Design Streaming |