SINT-KATELIJNE-WAVER, BELGIUM—Group De Ceuster has sold its Environmental Care division to P+L Systems (Holding) UK of Knaresborough, UK, for an undisclosed sum.
The scope of the Environmental Care unit primarily comprises the chemical formulation and manufacturing companies, Denka International, based in Barneveld, Holland, and Edialux-Formulex, based in Bornem, Belgium with subsidiaries in the Netherlands, France and Switzerland. The transaction includes many leading brands such as Edialux, Sprigone, Lurectron, Luxan for the pest control, rural hygiene and consumer markets.
The transaction includes 135 employees across the various acquired entities, as well as certain manufacturing and other real estate facilities.
“We are delighted that Group DC have entrusted us to bring their Environmental Care business together with our existing Pest Control business in Western Europe,” says Peter Mangion, CEO of P+L Systems. “We are already a very international business, with half our revenues derived from European markets. The bringing together of these businesses, and their market-leading respective brand portfolios, creates a strong and focussed business dedicated to solving pest control problems in both the professional and consumer pest control markets.
“We are particularly pleased to be bringing together the considerable expertise and experience of our respective employees, a resource which we value highly and which will be brought to bear in delivering further growth in Europe and beyond,” he added.
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