Freudenberg Home And Cleaning Solutions Acquires Vermop
The professional division of Freudenberg Home and Cleaning Solutions, which includes the Vileda Professional brand, officially took over Vermop on July 10, 2023. The contract for the acquisition had been signed on May 17, 2023. Antitrust authorities have now approved the transaction.
Headquartered in Weinheim, Germany, Freudenberg Home and Cleaning Solutions is one of the 11 business groups of the globally active Freudenberg Group.
“We are delighted that this acquisition will enable us to successfully continue our national and international growth strategy and tap into new potential,” Karin Overbeck, CEO of Freudenberg Home and Cleaning Solutions, said.
“We complement each other perfectly in terms of our focus, thus creating a strong national player in the German market with very good international prospects,” explained Isabel Merkel, President Professional at Vileda Professional.
All Vermop businesses will continue to operate as usual. The full integration of the brand into the group is to be implemented over the coming year.
“Vermop, with its nearly 330 employees, offers modular cleaning systems and products for cleaning professionals that are well established on the market. The company, with its headquarters in Gilching, Germany, near Munich, and production facilities in Wertheim, Baden-Württemberg, Germany, has a strong culture of customer proximity and is highly innovative. Vermop had sales of around EUR 46 million in 2022,” according to a press release.