Tennant Acquires Chinese ManufacturerSeptember 27, 2018
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Tennant Co. has signed a definitive agreement to acquire Hefei Gaomei Cleaning Equipment Co., Ltd.
Tennant’s purchase of the Hefei, China-based cleaning equipment manufacturer expands the company’s geographical footprint in the region, MarketWatch reports. Financial details of the purchase, which is expected to be finalized by the end of the year, were not disclosed.
Tennant Co. is a manufacturer of equipment for maintaining surfaces in industrial, commercial, and outdoor environments as well as surface coatings for concrete floors. Tennant sells products directly in 15 countries and through distributors in more than 80 countries. For more information, visit www.tennantco.com.