M&A Deal Summary

Globe Union Acquires PJH Group

On April 5, 2007, Globe Union acquired distribution company PJH Group from LDC for 100M GBP

Acquisition Highlights
  • This is Globe Union’s 1st transaction in the Distribution sector.
  • This is Globe Union’s 0th largest (disclosed) transaction.
  • This is Globe Union’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2007-04-05
Target PJH Group
Sector Distribution
Buyer(s) Globe Union
Sellers(s) LDC
Deal Type Add-on Acquisition
Deal Value 100M GBP

Target

PJH Group

Lancashire, United Kingdom
The PJH Group is a European supplier of bathrooms, kitchens and appliances to the home improvement market.

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Buyer(S) 1

Buyer

Globe Union

Taichung, Taiwan
Category Company
Founded 1979
Sector Distribution
Revenue 18.3B TWD (2023)
DESCRIPTION

Globe Union is a provider of plumbing products operating over 5 million square feet of manufacturing, assembly, and distribution facilities located on 3 Continents and in 9 countries. Our products are marketed through over a dozen company brands and scores of private brands. Globe Union was founded in 1979 and is based in Taichung, Taiwan.

DEAL STATS #
Overall 1 of 2
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (United Kingdom) 1 of 1
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-03 NAMCE S. de R.L. de C.V.

Saltillo, Mexico

NAMCE S. de R.L. de C.V. is a manufacturer of glass, ceramics & concrete company based out of Saltillo, Mexico.

Buy -

Seller(S) 1

SELLER

LDC

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1981
PE ASSETS 3.6B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

LDC is the private equity and investment arm of Lloyds Banking Group. LDC invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. LDC was formed in 1981 and is based in London.

DEAL STATS #
Overall 13 of 199
Sector (Distribution) 1 of 6
Type (Add-on Acquisition) 5 of 94
Country (United Kingdom) 12 of 193
Year (2007) 1 of 6
Size (of disclosed) 17 of 61
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-14 Aspen Pumps

East Sussex, United Kingdom

Aspen Pumps engages in the design, manufacture, and distribution of mini pumps that remove condensate water from air conditioning and refrigeration systems. Aspen Pumps also sells a range of ancillary products for air conditioning installers and engineers. Aspen Pumps was founded in 1992 and is based in East Sussex, United Kingdom.

Buy £25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-20 MB Aerospace

Motherwell, United Kingdom

MB Aerospace is a provider of precision aero-engine component manufacturing and repair services serving major aerospace and defense engine OEMs, Tier 1 suppliers, and MRO providers. MB Aerospace was founded in and is based in Motherwell, Scotland.

Buy -
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