Overview
- Provides consumables – tooling and chemical products – to OEMs and distributors in North America
- Proprietary products with high switching costs
- Recurring revenue from private-labeled consumables
- Current product & service offering:
- Prep, polishing & maintenance products for concrete floors (majority of sales)
- Stone product fabrication & maintenance solutions
- Facility floor care & maintenance systems
Future Story
Major projects set to double sales in 5 years
- Newly-launched product line developed for leading U.S. distributor
- Floor maintenance systems with superior results at lower costs under development with
- U.S. equipment manufacturer
- Leading manufacturer of auto-scrubbers
Sustainability
- Concrete floors are attractive, cost-effective & durable: growth projected at 5.6% CAGR in 2021-2025
- U.S. cleaning and maintenance supplies distribution: $7.7-billion market
Defensibility
- Patented tooling designed to attach to OEM equipment in unique manner
- Robust intellectual property:
- 7 patents
- 1 patent pending
- 1 trademark
- Proprietary specifications
- Proprietary testing, QC & QA processes