Nilfisk

Nilfisk is a supplier of professional cleaning equipment in both industrial, commercial and consumer markets.[1] The company is headquartered in Brøndby, Denmark, with sales entities in 45 countries and dealers in more than 100 countries. Nilfisk has manufacturing facilities in various countries. It has approximately 4.844 employees worldwide. The company's core businesses are the supply of industrial and commercial cleaning machines and professional high-pressure cleaning equipment. Nilfisk also markets vacuum cleaners and high-pressure cleaners to consumers. The Nilfisk Group's main global brands are Nilfisk and Viper. The largest regional brands are Advance and Clarke. The company was owned by NKT Holding until late 2017.[2] Nilfisk is a part of the United Nations Global Compact.[3] The company was spun off by NKT Holdings in October 2017 and is now listed as an independent company on Nasdaq Copenhagen.[4]

Nilfisk Holding A/S
TypePublic
Nasdaq Nordic: NLFSK
IndustryManufacturing industry
Founded1906
HeadquartersBrøndby, Denmark
Key people
Hans Henrik Lund (Chief Executive Officer)
ProductsCleaning equipment and full cleaning systems
RevenueEUR 1,082 million (2017)
Number of employees
5,800
Websitewww.nilfisk.com
The Nilfisk factory in Frederiksberg, Denmark (1954).
One of the early Nilfisk-models (English commercial from the 1930s).

History

Nilfisk was founded in Denmark in 1906 by Peder Andersen Fisker (1875–1975) and Hans Marius Nielsen (1870–1954) as Fisker & Nielsen. Originally the company produced electrical engines as the basic component in ventilators, kitchen elevators, drilling machines and, later on, the Nimbus motorcycle. The Nilfisk vacuum cleaner of 1910, weighed 17.5 kilos. Fisker took out a patent on this invention and later bought out Nielsen. The vacuum cleaner outsold the other products, and the other engine products were gradually phased out. By 1954, the company had sold 1 million vacuum cleaners.

In 1989 NKT Holding, listed on the Copenhagen Stock Exchange, bought Fisker & Nielsen. In 1994 Nilfisk A/S acquired Advance Machine Company and in 1998 Nilfisk A/S was renamed Nilfisk-Advance. In 1998 Nilfisk-Advance merged with Euroclean/Kent[5] and between 2000 and 2011, Nilfisk-Advance acquired CFM, Gerni, ALTO, Ecologica, United States Products, Viper, Hydramaster, Egholm, Plataforma and Jungo making Nilfisk-Advance one of the largest suppliers of professional cleaning equipment worldwide.[6] In 2015, Nilfisk-Advance changed name to Nilfisk[7] in order to create alignment with the company's global product brand, Nilfisk.

Stock

On 12 October 2017, Nilfisk was Spun-off from NKT Holding. The spin-off resulted in the listing of Nilfisk on the Nasdaq Nordic. Due to the spin-off, Nilfisk started to trade as a standalone, separately, publicly traded company under ISIN DK0060907293 and ticker NLFSK.

Cultural references

Nilfisk is featured in a song from the Belgian singer Daan. The song "Swedish Designer Drugs" opens with the sentence "I'm shot in the back by Nilfisk addicted cowboys".

References
  1. European Cleaning Journal
  2. NKT Holding http://nkt.dk
  3. Sensors, LIOS Technology GmbH - Linear Optical. "United Nations Global Compact". LIOS Technology - Linear Optical Sensors.
  4. A/S, NKT. "Extraordinary General Meeting of NKT A/S - demerger adopted". GlobeNewswire News Room. Retrieved 15 January 2018.
  5. http://www.kenteuroclean.com/aboutus/companyhistory.aspx
  6. "Siden Blev Ikke Fundet - Voxmeter". www.voxmeter.dk.
  7. "Nilfisk-Advance changes corporate name and brand to Nilfisk". www.logisticsmgmt.com.
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