Stratrix
On the Record · Tennant

Tennant acquisitions, on the record

The businesses Tennant bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Coatings business
Word for word“During the first quarter of 2021, we sold the Coatings business.” 10-K for 2023
divestiturefirst quarter of 2021—
Hefei Gaomei Cleaning Machines Co., Ltd. and Anhui Rongen Environmental Protection Technology Co., Ltd. (collectively "Gaomei")
Word for word“On January 4, 2019 , we completed the acquisition of Hefei Gaomei Cleaning Machines Co., Ltd. and Anhui Rongen Environmental Protection Technology Co., Ltd. (collectively "Gaomei"), privately held designers and manufacturers of commercial cleaning solutions based in China.” 10-K for 2023
acquisitionJanuary 4, 2019—
M&F Management and Financing GmbH (parent of TCS EMEA GmbH)
Word for word“On February 29, 2024, we acquired 100 % of M&F Management and Financing GmbH ("M&F"), the parent company of TCS EMEA GmbH ("TCS"), as we seek to accelerate growth in the EMEA region.” 10-K for 2024
acquisitionFebruary 29, 2024—
Reinigungstechnik 4 You GmbH (R4Y)
Word for word“On September 1, 2025, we acquired 100 % of Reinigungstechnik 4 You GmbH ("R4Y"), as we continue to expand our footprint in the EMEA region.” 10-K for 2025
acquisitionSeptember 1, 2025—
M&F Management and Financing GmbH, parent company of TCS EMEA GmbH (TCS)
Word for word“On February 29, 2024, we acquired 100 % of M&F Management and Financing GmbH ("M&F"), the parent company of TCS EMEA GmbH ("TCS"), as we seek to accelerate growth in the EMEA region.” 10-K for 2025
acquisitionFebruary 29, 2024—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$12.9 million$285,000$3.8 million
2017-12-31$354.1 million$0$147.8 million
2018-12-31$0$4 million$0
2019-12-31$19.7 million$0$15.6 million
2020-12-31$0$0$0
2021-12-31$0$24.7 million—
2022-12-31$0$4.1 million—
2023-12-31$0$0—
2024-12-31$25.7 million$0$9.4 million
2025-12-31$3.2 million—$1.4 million

Deal filings since 2016

Read from Tennant’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.