Diversey has announced that it has entered into an agreement to acquire Twister Holding AB, with the transaction expected to close in 2017.
Diversey believes that the acquisition of Twister will strengthen its full value proposition by offering integrated solutions between chemicals, TASKI machines, robotics and tools at a lower total cost of ownership (TCO) to their customers.
Headquartered in Söderköping, Sweden, Twister is known for its eponymous chemical-free cleaning pads, which are impregnated with billions of microscopic diamonds to clean and polish the floor mechanically.
Dr. Ilham Kadri, Diversey’s President and Chief Executive Officer, said: “Diversey is committed to being the global leader in providing floor owners with effective, innovative and sustainable solutions for cleaning and maintenance. We are therefore excited to welcome the Twister team to the Diversey family because of our shared passion for this mission. Their portfolio expands our offering to our customers and positions us as the leader in providing TCO solutions for our customers globally.”
Robert Kreicberg, CEO of Twister Cleaning Technology AB, said: “We are excited to join Diversey and be part of a company with its historic market leadership and ambitious growth plans. We have successfully grown Twister by developing innovative and sustainable floor cleaning and maintenance technologies that dramatically reduce the cost of daily cleaning up to 50%. We believe that all customers will benefit from the combination of both companies’ innovations, application expertise and global reach.”
