France's Blanchon Group, a player in floor finishing, maintenance and protection, has further strengthened its European position by acquiring German family-owned company Dr Schutz.
Dr Schutz, with annual sales of around €20 million, specialises in the renovation, protection and care of floors, including elastic floor coverings, natural stone and wood. The German brand Eukula, focused on wooden floors, is part of their portfolio. Dr Schutz's 90 employees will be integrated into Blanchon's teams.
According to Blanchon, Dr Karl-Michael Schutz and the management team will remain actively involved in the operations. They will take charge of all activities focused on elastic floor renovation within the group.
More information:
Dr Schutz
www.dr-schutz.com
Blanchon Group
www.blanchongroup.com