WashTec AG Value Stock - Dividend - Research Selection
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Description of the company
WashTec AG, through its subsidiaries, provides vehicle washing solutions in Europe, North America, and the Asia Pacific. The company produces, markets, and services a range of wash systems with conventional brushes, rollovers, wash tunnel conveyor systems, cloth washers, and high-pressure water jets for cars, trucks, buses, and other commercial vehicles. It also provides gantry and self-service car washes; digital systems, including payment and operator terminals or online operator management systems; water recycling systems; carwash chemicals under the Auwa brand name; spare parts; and commercial vehicle washing systems, as well as accessories comprising vacuum cleaners, mat cleaners, spray devices, money-changing machines, waster bins and canopies, and wash cards. In addition, the company provides financing solutions, such as hire purchase and leasing; and maintenance support services. It serves oil companies, independent operators, automotive manufacturers and dealerships, supermarkets, truck and bus companies, and wash centers. WashTec AG was founded in 1885 and is headquartered in Augsburg, Germany.