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In 1993, a Texas venture capital group brought about the merger of two industry giants -- Hanna Industries and Sherman Carwash Company. The merged companies became Hanna-Sherman International, Inc. and had a large focus on international markets. Hanna first expanded in the Far East (Korea and Thailand) and emerging markets (including China, Russia and Eastern Europe). Hanna also increased activity in Germany, Ireland, Latin America and Southeast Asia. International growth flourished throughout the 1990s, making Hanna the most global car wash manufacturer in the industry. |
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