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Acquisition will strengthen professional division
July 13, 2023
By: Karen McIntyre
Editor
The Professional division of Freudenberg Home and Cleaning Solutions, which includes the Vileda Professional brand, took over Vermop, a maker of modular cleaning systems and products, on July 10, 2023. The contract for the acquisition had been signed back on May 17, 2023. The antitrust authorities have now approved the transaction.
Headquartered in Weinheim, Germany, Freudenberg Home and Cleaning Solutions, is one of the eleven 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,” says Karin Overbeck, CEO of Freudenberg Home and Cleaning Solutions. “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 in the course of 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 that has its headquarters in Gilching near Munich and production facilities in Wertheim, Baden-Württemberg, has a strong culture of customer proximity and is highly innovative. Vermop had sales of around €46 million in 2022.
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