This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Tennant once considered Nilfisk deal, but opted to buy IPC instead, CEO says

( February 22, 2018, 17:00 GMT | Official Statement) -- MLex Summary: Tennant’s chief executive, Chris Killingstad, today said the Minnesota-based cleaning-equipment maker had once considered the idea of merging with Danish rival Nilfisk but decided instead to acquire IPC Group of Italy. “Prior to announcing the IPC acquisition, we reviewed a range of potential transactions, including the same concept shared by PrimeStone,” an activist investor that bought more than 5 percent of both Tennant and Nilfisk last year and pressed for a merger. The comments came during a fourth-quarter earnings call.Excerpts from Killingstad's comments follow....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login