ANNOUNCEMENT

Kärcher Acquires SweepEx Australia

Kärcher Australia is pleased to announce the acquisition of Sweepex Australia effective August 1st 2016. This acquisition represents an exciting development in the industrial cleaning equipment market within NSW.

Kärcher and Sweepex have had a strong and productive business partnership for over 15 years and this acquisition looks to leverage the respective strengths of both businesses. There are strong synergies between the pair and both have a real commitment to their customers and employees.

The success of SweepEx has been based on a 'customer first' focus - providing the right solutions to customers across Industry and Government, and backing those solutions with a strong commitment to after sales service and maintenance. The SweepEx sales and service capabilities extend across floor care, high pressure cleaners, design and installation of vehicle wash and stationary systems, and municipal sweepers.

Kärcher is the global leader in industrial cleaning solutions with more than 2.2 Billion Euro (3.3b AUD) in sales last year and continues to make significant investments in this technology. This is particularly the case with floor care (sweepers and scrubbers) which is its fastest growing category.

As a result of this acquisition, the Kärcher NSW business will boast a significant service capability which is crucial to supporting the growing Kärcher professional business. It combines the solution focused mentality that comes with successful small business, with the resources and broad capabilities that come with a global business.

The SweepEx Team will remain with the combined business as an integral part of Kärcher NSW, and the Company’s goal is for its customers to see its service capability as a decisive competitive advantage.

Kärcher and SweepEx look forward to working together alongside their strong partner networks as they enter this next exciting phase.

Hamish Matheson

Hamish Matheson

Managing Director

Kärcher

Phil Looby

Phil Looby

Managing Director

Sweepex