Announced
Completed
Financials
Sources
Tags
Food Products
Completed
food and beverage company
Majority
Private Equity
Friendly
United Kingdom
Private
Single Bidder
Acquisition
Cross Border
Synopsis
Ardian-backed Kersia, a biosecurity and food safety company, completed the acquisition of Holchem, a UK-based supplier of hygiene and cleaning products and services for the food and beverage, foodservice and hospitality industries, from Ecolab, an American global provider of water, hygiene and energy technologies, for $115m. "We are thrilled to welcome the Holchem teams to the Group. Their DNA, the quality of their work, the experience of their employees, their solutions, their services, strongly oriented towards the food industry in the UK and Ireland, make them very complementary to our current operations. This merger will enable us to make new solutions and services available to Kersia's customers throughout the world, and in the same way, will provide Holchem's local teams and customers with Kersia's solutions to help combat contamination by pathogens of the food chain in one of the world's largest food processing regions. We look forward to working together with Holchem Management team and employees and continuing Holchem’s successful development," Sébastien Bossard, Kersia CEO.
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