Processing timeline
31
days
Acquirer(s)
Freudenberg Home and Cleaning Solutions GmbH HRB 431930
Target(s) or Vendor(s)
Nilfisk Holding A/S CVR 38998870
Other parties
FREUDENBERG HOME AND CLEANING SOLUTIONS PTY LTD ABN - 99 082 274 324, NILFISK PTY LTD ABN - 98 003 762 623, Nilfisk A/S CVR 62572213
Freudenberg Home and Cleaning Solutions GmbH proposes to acquire 100% of the share capital in Nilfisk Holding A/S. This share acquisition combines Freudenberg's manual cleaning tools and products (Vileda, Oates) with Nilfisk's professional cleaning machines, including floorcare, vacuum cleaners, and pressure washers, in the Australian market.
Freudenberg Home and Cleaning Solutions GmbH (Freudenberg) proposes to acquire 100% of share capital in Nilfisk Holding A/S (Nilfisk). Freudenberg supplies manual cleaning tools and other cleaning products in Australia. Freudenberg’s brands include Vileda and Oates and Ansell (which is used under licence). Its products include mops and floorcare, brooms, brushware, cloths and wipes, dusters, cleaning carts and trolleys, waste management, window cleaning equipment, spray bottles, durable gloves, and various cleaning chemicals. Freudenberg is a wholly-owned subsidiary of Freudenberg & Co. KG, which is headquartered in Germany. Nilfisk supplies professional cleaning machines in Australia including floorcare machines, vacuum cleaners, pressure washers, related accessories, consumables, machine repair and maintenance services. Nilfisk also has businesses in IVS (industrial vacuum systems) and the food industry (cleaning equipment for the food industry). Nilfisk is the holding company of the Nilfisk group of companies (the Nilfisk Group). The Nilfisk Group is a global original equipment manufacturer for these cleaning machines.