Diversey and Zenith Hygiene combine

Diversey and Zenith Hygiene combine (UK & Ireland)

Diversey and Zenith Hygiene Group have announced the completion of the transaction by Bain Capital Private Equity which will combine the two companies, creating the UK and Ireland’s largest manufacturer and supplier of cleaning and hygiene products. Completion of the deal follows on from customary anti-trust clearance by the Competitions and Markets Authority on 19 March 2018. The combined group will create a £170m market leader with approximately 1,000 employees nationally, poised for growth across the UK & Ireland.

CEO and founder of Zenith Hygiene Group, Ringo Francis, will lead the combined group in the UK & Ireland reporting to Gaetano Redaelli, president of Europe for Diversey. Ringo Francis, in conjunction with the Diversey leadership team led by Ilham Kadri and Bain Capital will conduct a detailed review of the combined group. The review will focus on strengthening market position, delivering a comprehensive product and service offering for customers and identifying new opportunities outside of the UK market, which can benefit from the combined group’s expertise.