Nilfisk Group has acquired Hydro Tek, Inc., a leading North American manufacturer of high pressure cleaners. ‘US-based Hydro Tek has a strong position in the high pressure market, and the acquisition significantly increases Nilfisk’s market reach in this business throughout North America,’ stated the early November press release.
Hydro Tek is said to have a diverse product offering and the company is particularly strong in the range of hot water petrol-based pressure washers. Sales are spread across the US through a strong distributor and dealer network.
“The combination of Hydro Tek and Nilfisk creates a strong position for Nilfisk in the commercial high-pressure washer business in the Americas; a market where Nilfisk has not yet had a significant presence,” said Nilfisk Group chief executive officer Jonas Persson.
“It is a key element in Nilfisk’s strategy Accelerate to continuously look for opportunities to grow our business and grow market shares. The acquisition of Hydro Tek expands the product portfolio in the Nilfisk Group and widens the dealer network for increased sales and distribution of our products.”
Hydro Tek was founded in 1985 and is engaged in the development, manufacturing and sales of commercial pressure washers with additional business in water recovery and treatment systems, as well as trailers and accessories. The company is located in Redlands, California, US.