Tennant Company has sold Green Machines and assets to Green Machines Intl. GmbH
Tennant Company has sold the business carried out under the name of Green Machines and certain associated assets to Green Machines International GmbH. Financial details have not been disclosed.
Green Machines is a manufacturer and distributor of a range of road sweeping machines. The company also offers after-sales services to its customers.
Based in Austria, Green Machines International manufactures and distributes a range of road sweeping machines.
Tennant Company is a recognized leader in designing, manufacturing and marketing solutions that help create a cleaner, safer and healthier world. Tennant products include equipment used to maintain indoor and outdoor surfaces, as well as TennantTrue® financing solutions, equipment parts, service and maintenance to help ensure superior cleaning performance from the Tennant machines.
Oaklins Cavendish, based in the UK, advised the seller in this transaction.
Talk to the deal team
Related deals
F.EE has been acquired by One Equity Partners
F.EE GmbH, one of Germany’s leading providers of innovative solutions in mechanical engineering, automation hardware, cabinet control, software and robot programming, has been acquired by One Equity Partners. This transaction will strengthen the private equity firm’s operations in the industrial automation space. The sellers have reinvested and will remain involved in the business for the coming years.
Learn moreImenco Aqua has been acquired by AIS
Advanced Innergy Holdings Ltd. (AIH, trading as AIS) has entered into a definitive agreement to acquire 100% of the shares in Imenco Aqua AS and Imenco Chile SA, together referred to as Imenco Aqua, a global supplier of aquaculture technology solutions based in Norway and Chile.
Learn moreEbidco has finalized a voluntary public tender offer for the shares of Eles Semiconductor Equipment
Ebidco S.r.l. has completed a voluntary public tender offer for the shares of Eles Semiconductor Equipment S.p.A.
Learn more