Smith & Williamson advises on the sale of Comax UK to Bunzl plc
Comax is a distributor to the leisure, janitorial, care home, and foodservice sectors in the UK supplying an array of cleaning and hygiene products, as well as catering and kitchen supplies.
Smith & Williamson worked with the shareholders of Comax to identify a partner that would support the business as it continues to grow and strengthen its position as the “go to” supplier on the South Coast.
Bunzl plc is a specialist international distribution and services Group. The acquisition of Comax will help strengthen the Group’s cleaning and hygiene operations, an area which is expected to be supported by enhanced hygiene trends.
Amanda Phillips, Director at Smith & Williamson, led the transaction supported by Stuart Goodman and Conor Pritchard.
Graham Moakes, Managing Director of Comax said “The Smith & Williamson team were instrumental in the process from the start. They navigated us through each stage and consistently provided hands on support and advice to help us reach our objectives. Their M&A experience was clear, and they did an excellent job in providing considered and professional solutions to overcome challenges during the process. The shareholders and management team are very pleased with the result and the exceptional support provided by Smith & Williamson."
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By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.
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