Transacciones

Pamplona Capital Management (Pamplona) is to acquire Pelsis, a global manufacturer and distributor of pest control products. Financial terms of the transaction have not been disclosed.

Pelsis is a trusted global supplier to the world’s largest pest control operators, distributors and retailers through leading brands such as Edialux, Insect-O-Cutor, B&G, Curtis Dyna-Fog and Pest-Stop. Pelsis is recognised for its technical products and innovation, with a strong presence in global pest control markets. The transaction marks an exit for mid-market private equity firm LDC.

With LDC’s support, Pelsis delivered a targeted buy-and-build strategy that has enabled the business to more than double in size. This included the acquisitions of US-based Curtis Gilmour, French pest control supplier Edialux France and California-based Bird-B-Gone, the leading manufacturer of humane bird deterrents.

Through these acquisitions Pelsis was able to further extend its international footprint and grow its global sales from €87m to €150m.

The transaction will enable Pelsis and its existing management team to drive further international growth. With the support of Pamplona, it will now look to establish its position as the global market leader of pest control products.

Pelsis is led by Andrew Milner and employs over 600 people across fifteen facilities in Western Europe and the US.  Liberty advised Andrew and his management team on all aspects of their reinvestment and incentive arrangements in the new structure.