Bolt-on buy for P+L Systems
P+L Systems, a Harrogate-headquartered supplier of pest control products backed by Wind Point Partners, has acquired a European business with finance provided by Crescent Capital Group.
It has bought the environmental care unit of Group De Ceuster, a manufacturer and distributer of chemical pest control solutions with operations in Belgium, the Netherlands and France.
"We are pleased to have completed this transaction with P+L in support of its acquisition of GDC Enviro, which when combined will become a leading manufacturer and supplier of pest control products in Western Europe," said Christine Vanden Beukel, managing director and head of Crescent's European specialty lending strategy."
P+L Systems supplies and distributes electronic fly killing equipment, bird control products and hygiene equipment to the pest control and hygiene markets across Europe.