Press Release

SCHMIDT Group partners with Allianz Madvac

November 30, 2005

Allianz Madvac is proud to announce that it has signed a distribution agreement with German based SCHMIDT Group.

This strategic alliance gives SCHMIDT Group access to the Madvac line of products in key European markets. SCHMIDT Group will now have exclusive distribution rights in Germany, United Kingdom, France, Italy, Spain, Netherlands, Belgium, Luxembourg, Poland, Serbia and Turkey. This strategic alliance is reinforced by the fact that both product lines are complementary.

SCHMIDT will launch two Madvac sweepers, including the latest 1m3 model. Recognizing the input from SCHMIDT in the final development of this sweeper, it will be marketed as the SCHMIDT Swingo 100. The well-known Madvac PS300 pedestrian area sweeper will join the SCHMIDT programme as the SCHMIDT Citygo 30. These two new product additions will further enhance and complete SCHMIDT Group’s already comprehensive line of products.

SCHMIDT Group and Allianz Madvac will be working closely together on further developments and market requirements.

The SCHMIDT Group is a market leader in the winter maintenance and sweeping business as well as in airport equipment. With 15 local sales organizations and 3 European manufacturing locations, the SCHMIDT Group is known throughout the world.

Allianz Madvac manufactures and distributes a complete line of street sweepers and vacuum litter collection vehicles. Formerly known as Johnston Madvac, it has two North American manufacturing plants and distributes through 125 distributors globally.

You can click here to go to the SCHMIDT Group website

 

For further information please contact:

Andreas Pollmueller
Tel: 1-450-616-8112
E-mail: apollmueller@allianzmadvac.com