M&A Deal Summary

Diversey Acquires Virox Technologies - Accelerated Hydrogen Peroxide

On December 20, 2019, Diversey acquired manufacturer Virox Technologies - Accelerated Hydrogen Peroxide from Virox Technologies

Acquisition Highlights
  • This is Diversey’s 1st transaction in the Manufacturing sector.
  • This is Diversey’s 1st transaction in Canada.
  • This is Diversey’s 1st transaction in Ontario.

M&A Deal Summary

Date 2019-12-20
Target Virox Technologies - Accelerated Hydrogen Peroxide
Sector Manufacturing
Buyer(s) Diversey
Sellers(s) Virox Technologies
Deal Type Divestiture

Target

Virox Technologies - Accelerated Hydrogen Peroxide

Oakville, Ontario, Canada
Virox Technologies, Inc.'s Accelerated Hydrogen Peroxide (AHP) is a globally patented, synergistic blend of commonly used ingredients that produce exceptional potency as a germicide and superior performance as a cleaner.

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Buyer(S) 1

Buyer

Diversey

Fort Mill, South Carolina, United States

Category Company
Founded 1923
Sector Chemicals
Revenue 2.6B USD (2021)
DESCRIPTION

Diversey is a hygiene and cleaning solutions company that integrates chemicals, floor care machines, tools, and equipment, with a wide range of technology-based value-added services, food safety services, and water and energy management. Diversey was incorporated in 1923 and is based in Fort Mill, South Carolina.


DEAL STATS #
Overall 1 of 4
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-30 SaneChem Sp. z o.o.

Deblin, Poland

SaneChem is a manufacturer and supplier of professional cleaning and hygiene products, equipment, technology, maintenance services, training, and audits. For over 30 years, it has been a symbol of professional hygiene maintenance solutions for the food industry, maintaining the high standard of all customer-oriented activities. SaneChem was formed in 1989 and is based in Deblin, Poland.

Buy -

Seller(S) 1

SELLER

Virox Technologies

Oakville, Ontario, Canada

Category Company
Founded 1998
Sector Manufacturing
DESCRIPTION

Virox, founded in 1998 is headquartered in Ontario, Canada and is solely focused on the use of Hydrogen Peroxide as a sustainable, effective antimicrobial solution for hands, surfaces and devices, displacing legacy chemistries that are largely ineffective against targeted pathogens and can be harsh to the user and the environment. Virox has 7 global patents issued, with as many pending, and licenses the portfolio to global leaders in infection prevention across a variety of sectors including consumer, institutional, dental, animal health, agriculture and food processing.


DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 1 of 1
Type (Divestiture) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-02 Virox Accel Brand and Healthcare Business

Canada

Virox Technologies’ Accel® brand and healthcare business.

Sell -