Announced

Kärcher to acquire MAX Holder.

Synopsis

Kärcher, world's leading supplier of cleaning technology, to acquire MAX Holder, one of the leading manufacturers of multifunctional municipal vehicles. Financial terms were not disclosed. "Holder is known in the industry for his expertise in the design and manufacture of municipal equipment carriers. This decades of know-how and the existing worldwide sales network are very interesting for Kärcher from a strategic point of view," Hartmut Jenner, Kärcher CEO.

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