Cleaning & Restoration Breaking News

"We aim to be number 1 in North America": Karcher purchases Castle Rock Industries

June 21, 2006
/ Print / Reprints /
/ Text Size+

Moving to bolster its position in the U.S., Alfred Karcher GmbH & Co., based in Winnenden, Germany, said it has purchased commercial cleaning equipment and accessories supplier Castle Rock Industries Inc. Karcher manufactures high-pressure washers, vacuum cleaners, sweepers and cleaning agents. Castle Rock's brands include Windsor, Prochem, Century 400, TecServ and Graco. Terms of the deal were not disclosed.

"Our aim is to be the number 1 in North America," said Hartmut Jenner, Karcher's managing director, on the acquisition. "I am sure that together we will strengthen our market position in the U.S. and secure sustainable growth. We believe there are exceptional opportunities to enhance product offerings in both directions between the organizations."

Dennis Meagher, Castle Rock's CEO, said, "We are excited about the combination of strengths and culture in the joining of these companies. The result will be extremely positive for our current and future customers, then employees of the companies, and the industries we serve."

Peter Hermann, general partner of Boston-based private equity firm Heritage Partners said, "We are very pleased at the outcome of the investment for our investors, Castle Rock's management and employees, and the Francis family, who founded the original company." Castle Rock is a portfolio company of Heritage Partners.

With the acquisition, Castle Rock expands Karcher's presence in North America through Windsor's commercial floor care equipment, as well as raises visibility in the professional carpet cleaning segment with the Prochem and Century 400 lines, adds to the national service footprint with TecServ, and offers an increased parts business with the Graco line.

For Castle Rock, Karcher brings the resources of a large, multinational company with world-class capabilities. Karcher also enhances the combined companies' exposure to the international marketplace.

Harris Williams & Co. served as Castle Rock's financial advisor in the transaction. Choate, Hall & Stewart LLP acted as counsel to Castle Rock and Heritage Partners. Duane Morris LLP was U.S. legal counsel to Karcher and Karcher engaged Ernst & Young to undertake the due diligence study.


Did you enjoy this article? Click here to subscribe to i Cleaning Specialist Magazine.

You must login or register in order to post a comment.



Image Galleries

The 2014 Experience Conference and Exhibition

A look in photos at the 2014 Experience Conference and Exhibition, which was held from April 24-26 at the Embassy Suites Convention Center and Spa in Frisco, Texas.


Most cleaners rely on their online marketing presence to get jobs. But Google hasn't made things easy lately with their algorithm updates, which has impacted a lot of cleaning sites. Here's a look at some tips and suggestions to improve your Google ranking.
More Podcasts

ICS Cleaning Specialist Magazine

Cover Image

2014 June/July

The June/July issue of ICS features stories on add-on services, carpet repair, cleaning silk rugs and ranking websites on Google.

Table Of Contents Subscribe

Social Media

Social media is a good way to regularly keep in touch and interact with current clients and reach potential ones. What social mediums do you use in your cleaning/restoration business?
View Results Poll Archive


Get Paid! book cover
Get Paid! (ebook)
Over 30 authors – over 40 articles…from attorneys, contractors, consultants, instructors and others, both inside and outside the restoration industry. R & R, C & R and Cleanfax, opened their archives and gave us the best they had, other chapters were created just for the “Get Paid!” book and its readers. And every one of them has ideas for how to get paid what you are owed.

More Products


Director_Buyer.jpgThe premier resource and reference guide for the cleaning and restoration industries.

Click here to view


Truckmount.jpgEquipment listings and specifications from the leading industry manufacturers.

Click here to view


facebook_40.png twitter_40px.png youtube_40px.pngcrc logo