Tennant Company has signed an agreement to acquire Gaomei Cleaning Equipment Company, a privately-owned manufacturer of commercial cleaning systems in China.
Gaomei, a family-run business founded in 1997, offers cleaning machines and equipment including single disc scrubbing machines, vacuum cleaners, carpet extractors, blowers, high pressure cleaners, sweepers, and floor scrubbers. The company has been recognised for their research and development and production of small- to mid-sized cleaning solutions for commercial and industrial applications.
Pat Schottler, Tennant Company’s Vice President, APAC, said: “Acquiring Gaomei is a strategic move that aligns with our growth aspirations in the China market. Over the last 21 years, Gaomei has consistently demonstrated an ability to grow and distinguish its brand in China. 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 and compete independently, focusing on building their brand, advancing their product portfolio and growing their market presence.
Schottler added: “We welcome Gaomei as part of Tennant Company’s multi-brand portfolio. Gaomei is an established leader in the mid-tier market with a strong management team and we are excited about our combined potential.”