Dyson, the maker of the vacuum hose, announced Wednesday that it had sold its business, Vacuum Supply Co., to a group of investors led by an investor who has previously given money to the nonprofit Goodwill Industries of America.
The sale of the business to a private equity group, called the Vacuum Sales Fund, will benefit the organization that focuses on helping those with health issues.
“This is an exciting time for our customers and for us as a company,” Dyson Chief Executive Jim Smith said in a statement.
“We’re confident that we can continue to grow and accelerate our sales, as we continue to build and grow the business.”
The company will continue to sell vacuum cleaners and vacuum cleaners accessories, as well as other Dyson products, Smith said.
The company also announced that it will raise $15 million for Goodwill, the nonprofit’s non-profit arm, in an auction that was launched in March and will continue through the end of the year.
The auction, which was announced at the Dyson Vacuum Center in Santa Clara, Calif., will be held over two days starting on Feb. 22 and will feature a full slate of items, including Dyson’s signature Dyson Classic and Dyson Plus models.
The first of these items, a Dyson Sport Vacuum, was announced in May and was the only product at the auction.
The Dyson sport vacuums come in four different sizes and are sold in sizes from 2.4 to 6.2 feet.
They feature Dyson branding and a built-in microphone, along with a removable handle that can be opened to release the hose for cleaning.
The second item in the sale was the D-9, a smaller, more affordable Dyson Super Sport Vacuums.
The product is available in a range of sizes from 3.6 to 4.6 feet, and is available with a 2.3-foot handle for $1,000.
The third item in that sale was a D-11, a model that Dyson announced in July.
The Sport Vacs are available in three sizes: 5.9 feet, 6.3 feet, or 6.5 feet.
The smallest of these is the Sport Vac Vacuum 3.7 feet.
“Dyson is very excited about the future of our business,” said Dan O’Connell, president of the Vacu-Hound Company.
“The sale will support the charitable work that Goodwill is undertaking to address some of the health issues that we have experienced through our employees.”
The Vacu Hound company, which is run by a team of Vacu Hounds, was created to help employees with chronic health issues such as asthma and chronic fatigue syndrome.
The charity’s mission is to help individuals and families with health challenges through the use of our products, O’Connor said.
“Through the sale, we are also helping Goodwill to continue to provide valuable assistance to those affected by these conditions,” he said.
A representative for the Vacua Hound company declined to comment.
The Vacuum Sale Fund has raised over $15.7 million since it was launched two years ago.
Last year, the organization raised more than $17.5 million through a similar auction.
In addition to the sale of Vacuum Supplies, Dyson said it was also selling vacuum cleaners from its existing line of products.
It said it is also planning to expand its offerings, including its newest product, the DZ3.
It is also launching a new line of accessories for its Dyson Flex and DZ5 vacuos, which will include vacuum cleaning attachments and vacuum accessories for both the Flex and the Flex Plus.
The new accessories are available now through Goodwill.
“As we expand our range of products, we will continue building on our strong partnerships with other companies,” Smith said, “which will further drive sales growth for Vacuum.”