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Nilfisk-Advance Reaches Agreement to Sell Clarke American Sanders

Plymouth, MN – February 28, 2014. Nilfisk-Advance, Inc. announced today it has entered into an agreement to sell Clarke American Sanders to Amano Pioneer Eclipse Corporation.

The agreement is part of Nilfisk-Advance’s long-term market growth strategy to focus on and increase investment and expansion of the company’s core businesses. The anticipated transaction close date is March 31, 2014, subject to customary closing conditions.

"Nilfisk-Advance is pleased to have chosen Amano Pioneer Eclipse to grow and expand this flourishing business that enjoys a loyal customer following. Amano Pioneer Eclipse brings significant expertise, resources and infrastructure to continue the Clarke American Sanders tradition of excellence, and it will serve the business and its customers well," said Jeff Barna, President & General Manager of Nilfisk- Advance, Inc., U.S. Sales Company.

Nilfisk-Advance and Amano Pioneer Eclipse will continue working closely together over the coming weeks and months to ensure customers continue to receive without interruption the same products and customer support they have come to expect.

"Nilfisk-Advance is focused on creating and dedicating all available tools and resources to grow our signature brands and core businesses, and this agreement further reinforces this strategy," said Morten Johansen, Executive Vice President & Chief Financial Officer for Nilfisk-Advance Group. "We are redirecting resources that were otherwise committed to this brand and product line and investing them directly in our core businesses."

About Nilfisk-Advance
The Nilfisk-Advance Group is one of the world’s leading suppliers of professional floor cleaning equipment. Nilfisk-Advance has production, sales and service entities in all major geographic regions including, EMEA (Europe, Middle-East and Africa), Americas (U.S., Canada and Latin America), and Asia Pacific, including China. Nilfisk-Advance is a part of NKT Group, which is a company listed on the Copenhagen Stock Exchange. Total 2013 sales were $1.2 billion USD.

About Amano Pioneer Eclipse Corporation
Established in 1978 when its founder developed the first-ever propane powered floor buffer, Amano Pioneer Eclipse has provided building service contractors with mechanical and chemical solutions for cleaning and maintaining all types of flooring. Amano Pioneer Eclipse comes from a long history of innovation and excellence in product development. It developed “Floorcare Systems” to address specific floor surface materials and burnishing method to reduce the customer process time, labor and product use. Today, its successful Streamline® and System Finder™ provide customers with comprehensive, customized information to help identify the right products for specific floors.

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