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Announced

Completed

Tennant completed the acquisition of M&F Management and Financing.

Synopsis

Tennant, a leader in designing, manufacturing, and marketing solutions that help create a cleaner, safer, healthier world, completed the acquisition of M&F Management and Financing, a financial consultancy services provider. Financial terms were not disclosed. “As Tennant Company focuses on strategic acquisitions as part of our growth-oriented enterprise strategy, we are investing in areas where we can accelerate growth and create enterprise value. In the EMEA region, we are confident that we can leverage the experienced TCS team to increase our presence in Eastern Europe while using Tennant’s extensive resources in the region to support the strong service that TCS has always provided their customers,” Rusty Zay, Tennant Senior Vice President and Chief Commercial Officer.

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