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SVP Worldwide (“SVP”) is the world’s largest consumer sewing machine company with leading market shares across all industry price points. SVP unites three of the industry’s most widely recognized brands, Singer, Husqvarna Viking and Pfaff, that successfully target distinct market segments. SVP and its legacy companies, Singer Worldwide and VSM have demonstrated over 150 years of excellence in the sewing industry. The Company’s competitive position is further enhanced by its diverse operations, comprehensive portfolio of “best-in-class” products, extensive distribution infrastructure, and an industry-leading R&D team. SVP’s product portfolio of sewing machines and after-market products targets all consumer segments of the sewing machine industry including entry-level, mid-range, and high-end. SVP sells its products in 188 countries and has a 27% share of the global market both in terms of units sold and dollars. The Company has an international manufacturing presence as well, with facilities in South America, Europe and Asia.