Tennant Company has sold Green Machines and assets to Green Machines Intl. GmbH
February 2016 — 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.
Our role in the transaction
Oaklins Cavendish, based in the UK, advised the seller in this transaction.
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