Home Depot acquires carpet cleaning service franchisor Chem-Dry
11 Jan '06
3 min read
In addition, the acquisition automatically makes The Home Depot the market leader in carpet and upholstery cleaning, with significant room to grow in a fragmented market.
'They are excited to welcome Chem-Dry's leadership, associates and franchisees to The Home Depot,' said Sam Aquillano, president of At-Home Services for The Home Depot.
'Their cultures are a great fit -- both businesses are dedicated to excellence, to their people and to delivering superior customer service.
They look forward to increasing their knowledge of franchise operations while providing Chem-Dry and its franchisees the ability to grow by taking advantage of The Home Depot enterprise.'
Chem-Dry's leadership team will stay in place and be an integral part of the company's continued growth and operations. Over the next few months, a cross-functional team from both companies will work to integrate Chem-Dry into The Home Depot family.
'In joining The Home Depot, their franchisees -- the backbone of Chem-Dry -- will continue to provide high quality service options to their customers, while benefiting from the mutually innovative thinking of these two great companies,' said Craig Donaldson, president and CEO of Chem-Dry.
Terms of the acquisition were not disclosed.
Chem-Dry is the world's leading carpet and upholstery cleaning service. Its proprietary cleaning technology makes it the cleanest, driest and healthiest way to clean carpets and upholstery.
marketing@alchempro.com
