Home › magazine › latest news › Tennant Company in agreement to acquire Gaomei in China
Tennant Company in agreement to acquire Gaomei in China
27th of September 2018
US-based professional cleaning machines and solutions producer Tennant Company has signed an agreement to acquire Gaomei Cleaning Equipment Company, a privately owned manufacturer of commercial cleaning systems based in China.
Gaomei is a family-run business founded in 1997 and it offers cleaning machines and equipment including single disc scrubbing machines, vacuum cleaners, carpet extractors, blowers, high pressure cleaners, sweepers, and floor scrubbers.
Pat Schottler, Tennant Company vice president, Asia Pacific commented:"Acquiring Gaomei is a strategic move that aligns with our growth aspirations in the China market. The acquisition will enable Gaomei and Tennant to further strengthen our position in the region by offering highly complementary product portfolios and differentiated go-to-market approaches."
Gaomei will continue to operate independently. "We are confident that our collaboration with Tennant will help us expand our capabilities and grow the Gaomei brand", said Chen Guobao, the company's general manager.
RSS