GOJO to Close Europe Business

AKRON, OHIO – Though its overall business is healthy and growing, GOJO Industries is closing its Europe business, which has struggled financially for more than 10 years.

Demand continues to strengthen, and there is tremendous energy and momentum around our market-leading skincare and surface cleaning solutions, said the company when announcing the closing.

“At the same time, we must take action to address an enduring business challenge.”

The GOJO Europe business has struggled financially for over a decade, requiring significant, ongoing support from the U.S. throughout that time.

As a result, a strategic review of GOJO Europe was initiated using outside experts to find a sustainable, long-term solution. Many options to turn around the business or to sell it were explored, but no viable option could be found.

“Winding down our European operations was only done after making very extensive efforts to achieve financial viability in the region,” said the company. “Understandably, this news appears abrupt, particularly without the context of more than a decade’s worth of effort and investment in pursuing a sustainable outcome for all involved. We recognize and deeply regret the impact these events have had on team members in Europe and remain grateful for their contributions throughout the years.

For European business customers, part of the wind down process includes continuing to produce product in France in the immediate term, and making existing inventory available.

GOJO Industries is also exploring other ways to minimize disruption.

Based in the UK, the business is now managed by AlixPartners. Any questions should be directed to gojoadmin@alixpartners.com.