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Smith & Williamson advises on the sale of Comax UK to Bunzl plc

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  • Published: Wed, 30 Jun 2021 08:08 GMT

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.

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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."

For further information please contact:

Amanda Phillips
T: 023 8082 7619
E: amanda.phillips@smithandwilliamson.com

Stuart Goodman
T: 020 7131 4999
E: stuart.goodman@smithandwilliamson.com

DISCLAIMER
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. This briefing does not constitute advice nor a recommendation relating to the acquisition or disposal of investments. 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.

Notes to editors
Smith & Williamson is a leading financial and professional services firm providing a comprehensive range of investment management, tax, financial advisory and accountancy services to private clients and their business interests. The firm’s c1,800 people operate from a network of 11 offices: London, Belfast, Birmingham, Bristol, Dublin (City and Sandyford), Glasgow, Guildford, Jersey, Salisbury and Southampton. Smith & Williamson is part of The Tilney Smith & Williamson Group.

Smith & Williamson Corporate Finance Limited
Authorised and regulated by the Financial Conduct Authority
A member of Oaklins International Inc.
A member of the London Stock Exchange.
Registered in England No. 4533970. FRN: 216729

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