Pelsis Group, parent company of B&G Equipment and Bird-B-Gone, among other brands, has acquired Madrid, Spain-based professional pest control products businesses Sanitrade and distributor Vesta Distribuciones for an undisclosed sum. According to a news release, the deal will enable the British-based company to “further expand its operations throughout southern Europe to achieve its goal of making its Edialux Professional business Europe’s leading pest management distributor.”
Sanitrade specializes in protecting grain stores and also owns Vesta Distribuciones, which is focused on the agricultural sector. All the employees, customers and suppliers have transferred to Pelsis. The deal marks the first acquisition made by Pelsis following its sale last September to specialist investment manager Pamplona Capital Management.
Following the acquisition, Pelsis has about $186.6 million in revenue, and employs more than 600 people across 15 locations throughout Western Europe and the U.S.
Pelsis was advised on the legal aspects of the acquisition by DLA Piper Spain. Sanitrade was advised by Argo Asesores Financieros and Carrera Abogados & Economistas.
Commenting on the sale, Sanitrade chief executive, Inés Rodríguez, who runs the business with her sister, Sara, said in the news release: “Our family business is ready for the next step. Joining the Pelsis Group presents a great opportunity for Sanitrade and Vesta to grow and even better support our customers. We are very excited about the future.”
About Pelsis
Founded in 1984, Pelsis is based in Knaresborough, North Yorkshire, England. Its family of brands for the professional pest management industry and related industries include B&G Equipment, Curtis Dyne-Fog, Edialux Professional Products, Bird-B-Gone, Synergetic, P+L Systems, Silvandersson and AgriSense.
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from Pest Management Professional https://www.mypmp.net/2021/12/22/pelsis-acquires-2-spanish-distributors/
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