The second half of 2023 was rather poor in large transactions on the PPE market, in line with the global M&A evolution over that period. However, smaller deals occured on this rather dynamic segment. You will find below the list of the latest transactions announced since June 2023 (non-exhaustive list):
- June 2023: acquisition by GROUPE RG of VANDEPUTTE group, Belgian PPE distributor (€145m turnover)
- June 2023: acquisition by PIP of ULTIMATE CLEANERS INDUSTRIAL Ltd, English PPE distributor (£24m turnover)
- June 2023: acquisition by PORTWEST of IFR WORKWEAR, Canadian manufacturer of flame retardant protective clothing with a factory in Mexico (€5m turnover - to be checked)
- August 2023: acquisition by BUNZL of SAFETY FIRST, Polish PPE distributor (£22m turnover)
- November 2023: acquisition by PIP of FINAL FIT SAFETY, American manufacturer of bio-sourced earplugs
- November 2023: acquisition by MEDICOM of the HUMASK portfolio (respiratory masks) as well as related technologies and intellectual property, from the Canadian company Prémont
- December 2023: acquisition by OPTIGROUP of VAN DEN IJSSEL BEDRIJFSKLEDING BV, distributor of PPE and workwear in the Netherlands (€9m turnover)
- January 2024: acquisition by VIKING LIFE-SAVING EQUIPMENT of the rights to manufacture and supply “Undertun” marine evacuation systems from the Norwegian company which owned them
- January 2024: acquisition by SURVITEC of the American company VINYL TECHNOLOGY, specialized in complex garment manufacturing, exemplified by the Advanced Technology Anti-G Suit (ATAGS) used in the fast jet sector (USD19m turnover)
