KIREI has strategically acquired DEMIR INDUSTRIAL CLEANING to enhance its market share and operational capacity in the professional cleaning sector of Belgium.
Target Company Overview
DEMIR INDUSTRIAL CLEANING, located in the Flemish Brabant region, is a professional cleaning company with over 35 years of experience in the industry. The company, which employs more than 45 individuals, holds a significant market presence in Brussels and Flanders, particularly within the distribution sector. In the most recent fiscal year, DEMIR INDUSTRIAL CLEANING reported a revenue of nearly €3 million.
Industry Overview in Belgium
Belgium's cleaning industry has seen steady growth over the past few years, fueled by increasing demand for professional cleaning services across various sectors. The rise in service requirements from businesses has pushed companies to adopt more comprehensive cleaning solutions, ensuring compliance with health and safety standards. This trend is particularly pronounced in urban areas such as Brussels, where corporate establishments seek to maintain high cleanliness standards.
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Moreover, the pandemic significantly impacted the cleaning industry, leading to an escalation in demand for sanitization services. As businesses reopened, there was a notable
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Disclosed details
Revenue: $3M