Sutter Group completed the acquisition of Nitida Cleaning & Health.

Sutter Group, a provider of cleaning & hygiene products, completed the acquisition of Nitida Cleaning & Health, a company that specialises in the production and distribution of chemical cleaning & hygiene products for professional environments. Financial terms were not disclosed. "The direct entry into the Iberian Peninsula market through the acquisition of Nitida represents an important step in our company's development plan, which aims for a significant increase in revenue over the next three years. Market dynamics and increasing competition offer us opportunities for acquisition and integration of entities that align with our corporate culture of doing business and innovating in the market. As with the two previous acquisitions, we have identified Nitida Cleaning & Health as a coherent and valuable reality for our strategy of penetrating international markets. With this operation, we are doubling our revenue in the Spanish professional market. Recent years confirm the dynamism with which we identify potential companies that can be perfectly integrated into our reality, and with which the Group grows in revenue, product range, and customer base. This trend is one we intend to continue in the coming years," Aldo Sutter, Sutter president and CEO.