TWINSBURG, Ohio--(BUSINESS WIRE)--Victory Innovations (“Victory”) has completed its acquisition of Eco Statics Global Limited (“Eco Statics”) as part of a strategic growth phase to expand the company’s international presence. Eco Statics, with operations spanning Europe, has been a Victory distribution partner since 2017. Terms of the transaction were not disclosed.
“Eco Statics has done an excellent job of creating a strong European presence for our electrostatic sprayer technology and has a deep knowledge of what’s required to win locally,” says Chris Gurreri, CEO and co-founder of Victory. “By adding a highly respected enterprise and team to our roster, we are in the best position to take advantage of the strong foothold we already have and to accelerate international sales by introducing our products to new markets.”
Every day, cleaning professionals around the world use Victory electrostatic sprayers to help make spaces cleaner and healthier for people. Victory sprayers use patented technology to put a double positive charge on the liquid being sprayed, so particles are drawn to negatively charged and neutral surfaces like magnets. The result is better coverage of the target surface compared to ordinary sprayers.
“This agreement is a testament to the strength of our distribution platform and a terrific outcome for our shareholders and team,” says John Catton, CEO of Eco Statics. “We look forward to our combined future and continuing our strong overall market position in electrostatic disinfection and cleaning.”
In conjunction with the acquisition, Jeff Scanlon, Victory’s European managing director, will be relocating to the region to partner with John and the Eco Statics team as they spearhead the growth of Victory throughout Europe.
Victory, headquartered in Twinsburg, OH with new offices in Canada, Australia, and Hong Kong, is the world’s leading provider of portable electrostatic spraying equipment, including cordless handheld and backpack models. Victory sprayers are used to help clean, sanitize and disinfect schools, offices, hospitals, recreation centers and many other places where people gather. Visit VictoryInnovations.com to learn more about proper infection prevention methods.
Eco Statics is the leading distributor of electrostatic spraying equipment and disinfecting chemicals for the European market, based in Retford, Nottinghamshire, United Kingdom. Learn more about the fight against coronavirus and SARS at EcoStatics.com.
About Victory Innovations
With the first cordless electrostatic sprayers of their kind, Victory Innovations offers a better way to get the job done right the first time. Compared to traditional methods, Victory sprayers provide more complete coverage in less time using less chemical. Sold in over 40 countries, our products let pros work more confidently and help companies save money. Visit VictoryInnovations.com for information or to ask an expert.