Freudenberg Home and Cleaning Solutions, an international leader in cleaning solutions and innovative systems for professional users, and the company behind the brand Vileda Professional, has acquired Vermop as of 10 July 2023.
The contract for the acquisition was signed back on 17 May 2023, with antitrust authorities having now approved the transaction.
Vermop, which has nearly 330 employees, offers modular cleaning systems and products for cleaning professionals that are well established on the market. The company, headquartered in Gilching (near Munich) with production facilities in Wertheim, Baden-Württemberg, has a strong culture of customer proximity and is highly innovative. Vermop had sales of around €46m in 2022.
Karin Overbeck, CEO of Freudenberg Home and Cleaning Solutions, said: “We are delighted that this acquisition will enable us to successfully continue our national and international growth strategy and tap into new potential.”
Isabel Merkel, President Professional at Vileda Professional, explained: “We complement each other perfectly in terms of our focus, thus creating a strong national player in the German market with very good international prospects.”
Freudenberg Home and Cleaning Solutions, headquartered in Weinheim, Germany, is one of the 11 divisions of the globally active Freudenberg Group. The full integration of the Vermop brand into the company is to be implemented in the course of the coming year.