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2019-01-17

Aebi Schmidt consolidates its market position in the sweeper business

Frauenfeld, January 17, 2019 – Aebi Schmidt Holding (ASH), a Switzerland-based leading provider of product systems and services for the cleaning and maintenance of traffic areas and green spaces, will take over the City Ranger 3500 and City Ranger 3570 sweepers from Denmark’s Nilfisk Group, along with all associated rights, as of March 31, 2019. With this acquisition, the ASH Group will expand its product portfolio in line with its strategy and strengthen its German production site in St. Blasien.

 

The Nilfisk Group is one of the world’s leading suppliers of professional cleaning equipment and services for both indoor and outdoor usage. The City Ranger sweeper is an efficient and flexible machine for street cleaning.

Peter Spuhler, Chairman of the Board of Directors at Aebi Schmidt Holding: “This acquisition is another important step in the implementation of our product strategy. It closes a key gap in our sweeper range, and we can now offer our customers a complete spectrum of sweeper sizes.”

The transaction is expected be concluded in the form of an asset deal as of March 31, 2019. The parties agreed not to disclose the conditions.

“The ASH Group brings wide-ranging industry experience combined with a global network. We are therefore confident that the change of ownership of both sweeper models is in the best interest of our customers who are getting a reliable and competent partner – and at the same time it allows us to focus on our central business”, says Jakob Kjærgaard, Senior Vice President and Head of Outdoor Division at Nilfisk Group.

 

Strengthening the production site in Germany

From April 2019, the Aebi Schmidt sales and service network will be responsible for spare parts and servicing of the City Ranger 3500 and City Ranger 3570. The production of the City Ranger 3570 will be transferred to the German site in St. Blasien, where production is due to begin in the third quarter of 2019. As well as transferring production to Germany, the sweeper will be developed further and marketed under the Schmidt brand.

Barend Fruithof, CEO of Aebi Schmidt Holding: “This acquisition is a meaningful addition to our product portfolio and a substantial boost to our production site in Germany.”

 

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