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Portfolio Update: Splash

04 Jun 2026


Splash in Discussions to Franchise in Vietnam


Splash, the leader in sustainable automated carwashes in China (the world’s largest market), continues to break records, with strong topline growth, major cost reductions, early profitability, new development financing, resumed site openings, and Hydrocycle’s substantial sales pipeline.


  • Splash has reached a verbal agreement with a group in Vietnam that wants the national master franchise for Splash, and are now beginning work on the initial contracts for that.

  • Anett has allocated budget to upgrade their full network of over 40 locations with Hydrocycle, assuming that the first site, currently under contract, goes well.


For further information or to set up time to speak with Splash's CEO, Rob Shesol, please contact Tony Coretto.


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