When it comes to cleaning, one name that has been synonymous with excellence for over 140 years is BISSELL. From vacuum cleaners to carpet cleaners, and from mops to sweepers, BISSELL has been a trusted brand in many households around the world. But have you ever wondered, is BISSELL a family-owned company? In this article, we’ll delve into the history of this iconic brand, exploring its origins, evolution, and current ownership structure.
A Humble Beginning: The Founding of BISSELL
The story of BISSELL begins in 1876, when Melville Bissell, a clever and resourceful inventor, patented a sweeper that could easily clean carpets, rugs, and floors. This innovative invention marked the birth of the BISSELL company, which would go on to become a household name. Over the years, BISSELL continued to innovate, introducing new products that made cleaning easier and more efficient.
The Early Years: Family Involvement and Expansion
In the early days, BISSELL was indeed a family-owned company. Melville Bissell’s wife, Anna, played a significant role in the company’s development, managing the finances and keeping the books. Their son, Clair, also joined the company and contributed to its growth. Under the guidance of the Bissell family, the company expanded rapidly, and by the early 20th century, BISSELL had established itself as a leading manufacturer of cleaning equipment.
The Shift from Family Ownership to Corporate Structure
In 1962, the Bissell family made the decision to take the company public, listing its shares on the American Stock Exchange. This marked a significant shift from family ownership to a corporate structure. The company continued to grow and evolve, introducing new products and technologies that stayed true to its founding values of innovation and quality.
Acquisitions and Mergers: The Path to Global Expansion
In the 1980s and 1990s, BISSELL underwent a series of acquisitions and mergers that helped the company expand its operations globally. One notable acquisition was the purchase of the Hoover Company’s floor care business in 1993. This strategic move strengthened BISELL’s position in the market and paved the way for further growth.
Current Ownership Structure: A Private Equity Firm Takes the Reins
In 2019, the private equity firm, Platinum Equity, acquired BISSELL from its previous owner, the publicly traded company, Newell Brands. This acquisition marked a new chapter in the company’s history, as BISSELL transitioned from a publicly traded company to a privately held entity.
What Does This Mean for the Future of BISSELL?
Under the guidance of Platinum Equity, BISSELL is poised to continue its legacy of innovation and excellence. The company’s commitment to quality, customer satisfaction, and community involvement remains unwavering. While the ownership structure has changed, the core values that have made BISSELL a beloved brand remain intact.
A Stronger Focus on Sustainability and Community
As a privately held company, BISSELL is now better positioned to invest in initiatives that support sustainability and community development. The company has pledged to reduce its environmental footprint, introduce more eco-friendly products, and support local communities through charitable initiatives.
Conclusion: BISSELL’s Legacy Endures
While BISSELL is no longer a family-owned company in the classical sense, its legacy as a trusted brand remains unchanged. From its humble beginnings to its current status as a global leader in the cleaning industry, BISSELL has consistently demonstrated a commitment to innovation, quality, and customer satisfaction. As the company embarks on this new chapter, one thing is clear: the spirit of Melville Bissell’s innovative vision continues to inspire generations of cleaning enthusiasts around the world.
| Year | Event | Description |
|---|---|---|
| 1876 | Melville Bissell patents the first carpet sweeper | The birth of the BISSELL company |
| 1962 | BISSELL goes public | The company lists its shares on the American Stock Exchange |
| 1993 | BISSELL acquires Hoover Company’s floor care business | A strategic move that strengthens the company’s position in the market |
| 2019 | Platinum Equity acquires BISSELL | The company transitions from a publicly traded entity to a privately held one |
In conclusion, while BISSELL is no longer a family-owned company, its commitment to innovation, quality, and customer satisfaction remains unwavering. As the company embarks on this new chapter, its legacy as a trusted brand continues to endure.
Who founded BISSELL?
Melville R. Bissell, an American entrepreneur, founded BISSELL in 1876. He was a clever and resourceful individual who recognized the need for a more efficient and effective way to clean floors. At the time, most people were using handmade brushes and soap to clean their floors, which was a tedious and time-consuming process. Bissell’s innovative spirit led him to develop the first mechanical carpet sweeper, which revolutionized the cleaning industry.
Bissell’s invention quickly gained popularity, and his company began to grow rapidly. Over time, BISSELL expanded its product line to include vacuum cleaners, steam cleaners, and other cleaning solutions. Today, the company is still committed to providing high-quality cleaning products that make people’s lives easier and more convenient. Despite changes in ownership over the years, BISSELL remains true to its founder’s vision of innovation and customer satisfaction.
Who owns BISSELL today?
BISSELL is currently owned by the Bissell Family, with Mark Bissell serving as the company’s Chairman and CEO. Although the company has undergone various changes in ownership over the years, the Bissell family has always played a significant role in its operation. The family’s commitment to innovation, quality, and customer satisfaction has remained unwavering, and they continue to drive the company’s mission forward.
Under Mark Bissell’s leadership, the company has continued to expand its product line and invested in research and development to stay ahead of the competition. The family’s involvement ensures that the company remains true to its core values and continues to prioritize customer needs above all else. This commitment to excellence has enabled BISSELL to maintain its position as a leading brand in the cleaning industry.
Is BISSELL still an American company?
Yes, BISSELL is still an American company, with its headquarters located in Grand Rapids, Michigan. Despite being a global brand with operations in multiple countries, the company remains committed to its American roots. BISSELL takes pride in its heritage and continues to invest in the local community, supporting various initiatives and charities that benefit the people of Grand Rapids and surrounding areas.
BISSELL’s commitment to American manufacturing is also evident in its decision to maintain a significant portion of its production in the United States. While some components may be sourced from international suppliers, the company is dedicated to creating jobs and stimulating local economies whenever possible. This commitment to American values and manufacturing has earned BISSELL a loyal customer base and a reputation as a trusted and patriotic brand.
What values does BISSELL stand for?
BISSELL stands for a set of core values that guide its decision-making and business practices. The company is committed to innovation, quality, customer satisfaction, integrity, and community involvement. These values are deeply ingrained in the company’s culture and are reflected in its products, services, and interactions with customers and partners.
By living these values, BISSELL aims to make a positive impact on people’s lives and contribute to a cleaner, healthier, and more sustainable environment. The company’s values are also reflected in its philanthropic efforts, particularly through the Bissell Pet Foundation, which works to reduce pet homelessness and support animal welfare initiatives.
Is BISSELL a sustainable brand?
Yes, BISSELL is committed to sustainability and reducing its environmental footprint. The company recognizes the importance of minimizing its impact on the planet and has implemented various initiatives to achieve this goal. From reducing energy consumption and waste in its manufacturing processes to designing eco-friendly products and packaging, BISSELL is dedicated to making a positive difference.
BISSELL’s sustainability efforts also extend to its product development, with a focus on creating cleaning solutions that are both effective and environmentally friendly. The company’s goal is to provide customers with products that not only make their lives easier but also contribute to a healthier planet. By choosing BISSELL, customers can trust that they are supporting a brand that shares their values and is committed to making a positive impact.
What products does BISSELL offer?
BISSELL offers a wide range of cleaning products, including vacuum cleaners, carpet cleaners, hard floor cleaners, steam cleaners, and cleaning solutions. The company’s product portfolio is designed to cater to various cleaning needs, from vacuuming and mopping to deep cleaning and sanitizing. BISSELL’s products are designed to be easy to use, effective, and durable, providing customers with reliable cleaning solutions for their homes and businesses.
From upright and canister vacuums to handheld and stick vacuums, BISSELL’s product lineup has something for everyone. The company’s carpet cleaners, steam cleaners, and hard floor cleaners are also designed to tackle tough cleaning tasks with ease. Whether you’re a homeowner, pet owner, or professional cleaner, BISSELL has a product that can meet your specific cleaning needs.
How does BISSELL support pet owners?
BISSELL is a passionate supporter of pet owners and the pet community. Through the Bissell Pet Foundation, the company works to reduce pet homelessness, support animal welfare initiatives, and provide resources to pet owners. BISSELL also offers a range of pet-friendly cleaning products, designed to make pet ownership easier and more enjoyable.
From pet hair eraser vacuum cleaners to pet stain and odor removers, BISSELL’s products are designed to tackle the unique cleaning challenges faced by pet owners. The company’s pet-friendly products are developed with the input of pet owners and animal behaviorists, ensuring that they are both effective and safe for pets. By supporting BISSELL, pet owners can trust that they are contributing to a brand that cares about their furry friends.