Kannegiesser Overview
Company Headquarters: Germany
Founded: 1948
Workforce: ~ 1,067
Estimated Revenue- US$ 281.4 Mn
Estimated Commercial Laundry Revenue- US$ 98.4 Mn
Company Working: Kannegiesser is a family-owned business that is engaged in laundry technology along with machine suppliers, and technological partners of the industrial laundry from washing to drying to finishing and sorting. The company also operates in six locations that cover UK & USA. The company’s product portfolio includes washing technology, flatwork, garment, logistics, process technology, and data information systems. The company also serves a wide range of industries that is hospitality & restaurants, healthcare, residential, workwear, mats, cruise ships, airlines, and clean room.
Strategy
Kannegiesser aims to focus on organic growth initiatives and targeted bolt-on acquisitions. The company is tracing specific opportunities to leverage companies’ innovation-driven growth model with the goal of greater than end-market growth by both sustaining the Company's leadership in existing markets and expanding into new markets. The company is also responsible for delivering industrial laundry technology from washing to drying to finishing and sorting.



