Go to deals
Industrial Machinery & Components

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.

Parties

Talk to the deal team

Andrew Jeffs

Partner
London, United Kingdom
Oaklins Cavendish

Related deals

Sondrel secures a major investment
Industrial Machinery & Components

Sondrel secures a major investment

Sondrel has secured funding from Rox Equity Partners Ltd. through a subscription for new shares. The funds will enable the company to grow and expand its presence as one of the world’s leading providers of custom chip design and supply. In particular, it will help them rapidly develop their presence in the US.

Learn more
Phen’X Technologies has sold a majority stake to Ciclad
Private Equity | Healthcare | Industrial Machinery & Components

Phen’X Technologies has sold a majority stake to Ciclad

The shareholders of Phen’X Technologies have completed a primary majority LBO with private equity fund Ciclad.

Learn more
IMS Group AS has acquired Jowa AB
Industrial Machinery & Components

IMS Group AS has acquired Jowa AB

IMS Group AS has acquired Jowa AB.

Learn more