Nilfisk Acquired by Freudenberg Home and Cleaning Solutions | Industrials M&A Deal

Freudenberg Home and Cleaning Solutions has completed the acquisition of Nilfisk, a industrial services other business in Germany, for $X. Freudenberg Home and Cleaning Solutions acquisitions combine global innovative manual cleaning systems with Nilfisk’s professional cleaning machines and technology leadership. The Freudenberg Home and Cleaning Solutions acquires Nilfisk to strengthen coverage across professional cleaning segments, supporting customers with more comprehensive solutions in Weinheim. The strategic acquisition is structured as a merger acquisition with Freudenberg Home and Cleaning Solutions taking a majority stake of more than 90% of Nilfisk’s share capital and voting rights, followed by a compulsory acquisition and delisting.