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June 24, 2008 Wayne Sweepers, LLC to acquire Centurion® Street Sweeper Assets
Kevin Watje, CEO of Wayne Sweepers, commented: "We are extremely pleased and excited to have been able to acquire the assets for this outstanding product line from Tennant Corporation, the industry leader in sweeping technology. The Centurion® will be an excellent addition to our Gladiator® sweeper line, as well as to our parent company's line of top performing refuse trucks, including the fully automated, Curbtender® and AutoCat® products." Terms of the deal were not disclosed. About Wayne Sweepers, LLCWayne Sweepers, LLC is a manufacturer of top performing, street sweepers for both municipal and commercial use. In addition to the Centurion® line, Wayne manufactures the Gladiator® line of mechanical sweepers. Wayne Sweepers is a subsidiary of Wayne Industrial Holdings, LLC ("WIH"), the manufacturer of the industry-leading, fully automated, Curbtender® refuse truck. WIH is a portfolio company of T5 Equity Partners, LLC. Please see them at www.waynesweepers.com. About Tennant CompanyMinneapolis-based Tennant Company (NYSE: TNC) is a world leader in designing, manufacturing and marketing solutions that help create a cleaner, safer world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; and coatings for protecting, repairing and upgrading concrete floors. Tennant's global field service network is the most extensive in the industry. Tennant has manufacturing operations in Minneapolis, Minn.; Holland, Mich.; Uden, The Netherlands; the United Kingdom; Sao Paulo, Brazil; and Shanghai, China; and sells products directly in 15 countries and through distributors in more than 80 countries. For more information, visit www.tennantco.com. |
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