Zenith Hygiene acquires chemicals supplier CCL Pentasol

Sat, 18 Jun 2016 | BUSINESS SALE

The UK’s largest independent cleaning and hygiene products company Zenith Hygiene Group has acquired UK chemicals supplier CCL Pentasol for an undisclosed sum.

CCL Pentasol, which was founded in 1985, supplies chemicals to various sectors, including brewing, drinks, dairy, food, pharmaceutical and water treatment industries. The chemicals supplier says it has adopted a successful strategy of operating flexibly and proactively to meet the demands of the food and drinks industry from its purpose-built factory in Merseyside. It reported a turnover of £8.3 million in the year ending 31 August 2015 and has 55 staff at the time of the acquisition.

Zenith Hygiene Group will fund the acquisition with a recent £13.9 million funding package secured through the corporate arm of banking giant Santander. The company is particularly excited about expanding into the growing market for water treatment products, according to a press release.

Ringo Francis, the chief executive of Zenith Hygiene Group, said of the deal: “We’re delighted to be announcing this exclusive agreement to acquire CCL Pentasol.

“The acquisition will open Zenith Hygiene to new markets, strengthening our position in the food and beverage industries, and provide significant growth opportunities for the business.

“We look forward to working closely with the CCL Pentasol team to ensure a smooth transition and complete the transaction as quickly as possible. Going forward, we will continue to look for opportunities to acquire businesses like CCL Pentasol which will drive meaningful growth for the future.”

Alex MacDonald, the managing director of CCL Pentasol, added: “Zenith Hygiene Group is one of the most respected independent manufacturers and suppliers of cleaning and hygiene chemicals and products in the UK, and we are very excited to be joining Ringo and his team. We’re confident that together we will continue to drive value for customers, partners and our employees in the UK.”

The acquisition of CCL Pentasol is expected to be fully completed by the end June 2016.

For more information, see other Wholesale and Distribution Businesses for Sale.


Share this article



Latest Businesses for Sale

Consulting Engineers Focused on the Built Environment
London, UK

Unusual opportunity to acquire this national and well established, full service Mechanical & Electrical consulting engineering company. Offers invited.

Asking Price: £2,700,000
Turnover: £5,800,000

LEASEHOLD


Freight Brokerage Services
UK Wide

Works with a network of reliable hauliers to provide comprehensive and reliable logistics solutions on a national basis. Offers invited.

Asking Price: Offers Invited
Turnover: £420,000

RELOCATABLE


Food Manufacturer Specialising Flatbread Products
North of England, UK Wide

Has established a prominent position with clients in its industry due to its prestigious portfolio. Operates from two leasehold premises. Offers invited.

Asking Price: Offers Invited
Turnover: £671,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
23
 
May
 

Fintech company Loot collapses into administration | ADMINISTRATION

After failing to secure further backing from the Royal Bank ...

 
22
 
May
 

Spike in M&A activity in the education sector | BUSINESS SALE

In recent months, the education sector in the UK has witness...

 
22
 
May
 

Jamie Oliver restaurant empire collapses into administration | ADMINISTRATION

Celebrity chef Jamie Oliver, who shot to fame after campaign...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources