Lead Forensics

CASE STUDY

Pelsis: Global growth through acquisitions

Secondary buyout helps leading European manufacturer to expand to the US through acquisition.

Pelsis is the leading European manufacturer of branded pest control products.

Deal type
Exit date

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.

orange quote mark
We have always been focused on our objective to become a world leading supplier of pest control products. LDC has been a supportive investor throughout our partnership. They knew we wanted to grow through acquisition and they absolutely delivered by helping us to make three significant acquisitions. Today the business is a leader across multiple categories.”
Andrew Milner, CEO
Pelsis

Awards

The Sunday Times HSBC International Track 200

2018

National/International Deal of the Year

Pelsis – Insider Yorkshire Dealmakers