Textron buys inventory finance group, wins Army contracts

Textron Financial Corp., a local company held by Providence-based Textron Inc., has acquired an inventory finance unit from Stockholm, Sweden-based appliance maker AB Electrolux for an undisclosed sum, according to a statement and a spokeswoman from Textron. Electrolux Financial Corp. will continue to operate in Columbus, Ohio and is now part of Textron Financial’s technology…
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