![]() “The combined revenue for the joined companies will be in excess of $80 million in 2005,” says Betz. Already, the acquisition looks to be a profitable one for Betco. “Our core competency has been floor care floor pads and floor chemicals and this gives us a big advantage in floor machines, as well.”ĭistributors for both PowerBuff and Betco will be dealing with the same company representatives, and the PowerBuff name will continue under the umbrella of Betco Corp. “The biggest thing the acquisition gives us is an opportunity to have a greater manufacturing presence in equipment, particularly in those items suited for the contract cleaning market,” says Paul Betz, CEO of Betco. Although Betco has been active in producing floor-care equipment in recent years, the acquisition signals a much broader and more aggressive approach to tackling the floor-care market. ![]() ![]() PowerBuff, Stoneville, N.C., is known throughout the jan/san industry as a leading manufacturer of automatic floor scrubbers, electric floor machines, and propane-powered floor equipment.īetco, Toledo, Ohio, has been one of the great success stories of the jan/san industry, as the Betz family has grown the company from a good idea to one of the premier manufacturers of floor chemicals. has strengthened an already strong grip on the floor-care market. With its recent acquisition of PowerBuff Inc., Betco Corp. ![]()
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