Press Releases

CWS-boco increases its market shares with acquisitions in the mat and workwear development sectors

09/21/2016

The company will further expand its shares and expertise on the German market

Dreieich, 21 Septermber 2016. The CWS-boco Group continues to grow: The company takes over the mat business of the Bavarian company AMM GmbH and the insolvent corporate fashion provider Modeinstitut Berlin GmbH with immediate effect. With these acquisitions in the dust control mat and workwear development sectors, the company will further expand its shares and expertise on the German market. Furthermore, this move will serve to consolidate its two business areas of hygiene solutions and workwear as a rental service.

CWS-boco is among the leading providers on the German dust control mat market. CWS-boco offers companies a full mat service, including cleaning, collection and supply. With effect from 1st September, CWS-boco has taken over the mat business and the customer base of AMM GmbH based in the Bavarian town of Langenzenn. All 26 employees of the dust control mat division have also been taken on by CWS-boco. “Thanks to this acquisition, we complement our share of this segment on the market in Southern Germany. This represents an investment into the future viability of the company,” stressed Max Teichner, CEO of the CWS-boco Group. AMM GmbH is one of the biggest operations in Germany specialising in carpet cleaning and washing as well as upholstery, mattress and leather cleaning.

CWS-boco develops and produces workwear itself via its own company CWS-boco Supply Chain Management GmbH, which acquired the bankrupt Modeinstitut Berlin GmbH on 1st September. The established workwear provider Modeinstitut Berlin boasts many years of expertise in the development and sale of workwear in the corporate business fashion sector and represents a valuable new asset for the CWS-boco Group. Modeinstitut Berlin offers a wide range of workwear collections. The takeover will have no impact on existing customers. The former managing director, Nadine Thomas, will remain the contact partner for customers and will continue to manage operations in Berlin. The same also applies for the majority of the company’s employees. “We are delighted that with the acquisition of this well-respected company we have been able to include a specialist in our Group which matches our range of services perfectly,” explained Max Teichner.