Investment type
- Secondary buyout
Secondary buyout helps leading European manufacturer to expand to the US through acquisition.
Andrew Milner
Pelsis
Pelsis is the leading European manufacturer of branded pest control products.
August 2017
August 2021
Established in 1984, Pelsis is the leading European manufacturer of branded pest control products.
The products that Pelsis manufactures, supplies and distributes go to both the professional and domestic markets, with a global customer base which includes Rentokil, Ecolab, Screwfix and Amazon.
Since it was founded in Knaresborough, North Yorkshire, Pelsis has diversified and grown internationally through a commitment to acquisitions, innovation, new product development and quality customer service.
International Ambition
In August 2017, LDC backed Pelsis in a multi-million-pound secondary buyout that enabled the management team to accelerate its global acquisitive growth strategy.
Twelve months later in August 2018, Pelsis acquired US-based Curtis Gilmour in a deal that saw it significantly expand its global presence in the US through its Georgia and Indiana operations and also broadened Pelsis’ European footprint through its manufacturing facilities in Wales and Sweden.
In 2021, Pelsis acquired two leading businesses: France’s top pest control supplier Edialux France and California-based leading manufacturer of humane bird deterrents Bird-B-Gone. The acquisitions further extend its international footprint and grew its portfolio of brands.
LDC exited its shareholding in Pelsis to Pamplona Capital Management in August 2021 following a successful four-year partnership. With LDC’s support Pelsis more than doubled its headcount to 600 people, increased global sales from €87m to €150m and extended its international footprint.
Andrew Milner, CEO
Pelsis
2018
Pelsis – Insider Yorkshire Dealmakers