Industry News Release
RYKO SOLUTIONS ENTERS INTO PURCHASE AGREEMENT TO ACQUIRE MACNEIL WASH SYSTEMS
Good Sight, as the Australian Distributor for Ryko Vehicle Wash Systems, is proud to announce that Ryko Solutions,
the largest provider of managed car wash systems in North America, has entered into a purchase agreement whereby Ryko will acquire MacNeil Wash Systems of Barrie, Ontario, Canada, a leading supplier to the tunnel car wash segment of the industry. The combined company will become the second largest car wash equipment provider in the world.
The MacNeil brand name will remain intact as will the company's manufacturing facilities in Canada. MacNeil will operate as a subsidiary of Ryko Solutions, retaining the staff expertise and operating flexibility that has made MacNeil a market leader for the past thirty years. Vince MacNeil, former CEO of MacNeil Wash Systems, will join the Board of Directors at Ryko, a move heralded by Steve L'Heureux, CEO of Ryko Solutions, as instrumental to the joint company continuing to build on its success in the conveyor segment of the car wash industry.
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Water Costs
The cost of water is increasing rapidly with many water authorities raising charges at 20% per year and Victoria in for a 37% increase this year.
In 2011, ACWA produced a Calculation Sheet for Members showing the annual savings from reducing mains water use for the Automatics.
This TABLE will be updated after the increases come into effect in July this year but, in the meantime, log into Members ACWA Website and see how much water efficiencies can save you even at 2011 prices.
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Australian Car Wash Association PO Box 4390, Langwarrin 3910 VICTORIA Australia
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