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

Luxury Kennels & Cattery
Yorkshire and the Humber, UK

Luxury kennels and cattery with professional grooming parlour (licensed for 142 dogs and 26 cats) in Peterborough for Sale. An opportunity to acquire this luxury kennels and cattery with stunning spacious four bedroom detached residence which must be...

Asking Price: £1,500,000
Turnover: £522,542

LEASEHOLD


Haulage Business
South Wales, Wales, UK

The business has been established for a number of years and has been owned and operated by the founder since that date. Offers invited.

Asking Price: £850,000
Turnover: £2,595,443

FREEHOLD


Bar & Function Room
Ilkley, Yorkshire and the Humber, UK

Situated in the heart of Ilkley town centre just off the busy Brook Street. The yard is a stylish bar offering a wide range of drinks, good, quality food, music with varied DJ’s and live artists all encompassed in an interesting layout. Offers invite...

Asking Price: £775,000
Turnover: £600,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
22
 
Mar
 

Scunthorpe nightclub up for sale | BUSINESS SALE

A former nightclub based in Scunthorpe has been put up for s...

 
21
 
Mar
 

Kent Logistics provider completes a successful acquisition | BUSINESS SALE

A Kent-based personalised logistics provider, backed by Livi...

 
20
 
Mar
 

Warrington construction company enters administration | ADMINISTRATION

A prominent construction business headquartered in Orford Gr...

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