Pelsis Group has acquired Madrid-based professional pest control products businesses Sanitrade and distributor Vesta Distribuciones, for an undisclosed sum.
The company said the deal will enable it to further expand its operations throughout southern Europe to achieve its goal of making Edialux Professional Europe’s leading pest management distributor.
Sanitrade has a specialism in protecting grain stores and also owns Vesta Distribuciones, which is focused on the agricultural sector.
The deal marks the first acquisition made by Pelsis, following its sale in September to specialist investment manager Pamplona Capital Management.
Following the acquisition, Pelsis now has a turnover of around £140 million and employs over 600 people across 15 sites located throughout Western Europe and the United States.
Last May, Pelsis purchased California-based manufacturer of humane bird deterrents Bird-B-Gone, whilst in February 2021, it acquired Lyon-based pest control supplier Edialux France.
“Inés and Sara have done a fantastic job in building the business into what it is today, and we see plenty of opportunity for further collaboration, investment and growth. Our objective is to make Edialux Professional Europe’s number one pest management distributor and this deal is a key strategic element of achieving that goal.”