Nilfisk Holding Acquired by Freudenberg | Industrials M&A Deal

Freudenberg Home and Cleaning Solutions has completed the acquisition of Nilfisk Holding, a industrial services other business in Denmark. Freudenberg Home and Cleaning Solutions acquisitions bring Nilfisk’s industrial cleaning and equipment capabilities into its home and cleaning solutions portfolio, supporting industrials M&A in the cleaning sector. The Nilfisk Holding acquisition strengthens Freudenberg’s strategic acquisition position by expanding offerings for professional cleaning customers. The merger acquisition was executed as a strategic acquisition via a voluntary public takeover offer, followed by plans for compulsory acquisition, delisting, and governance changes after reaching more than 90% ownership.