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Announced

Pamplona Capital Management to acquire Pelsis from Lloyds Development Capital.

Synopsis

Pamplona Capital Management, a private equity firm that invests in a broad range of asset classes, geographical markets, and industry sectors in both public and private market situations, agreed to acquire Pelsis, a global manufacturer and distributor of pest control products, from Lloyds Development Capital. Financial terms were not disclosed. "We are very excited to begin this new chapter for Pelsis together with Pamplona. Pamplona will actively support Pelsis in achieving our shared goals and growing further into the US and Europe, consolidating our position as a market leader and introducing new, innovative products to the market. Having met the Pamplona team, we look forward to working with them in driving the company's further success," Andrew Milner, Pelsis CEO.

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