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  5. Lowe Acquires PKL Group

M&A Deal Summary

Lowe Acquires PKL Group

On August 2, 2019, Lowe acquired business services company PKL Group

Acquisition Highlights
  • This is Lowe’s 1st transaction in the Business Services sector.
  • This is Lowe’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2019-08-02
Target PKL Group
Sector Business Services
Buyer(s) Lowe
Deal Type Add-on Acquisition

Target

PKL Group

Gloucestershire, United Kingdom
PKL Group (UK) Ltd. supplies temporary and permanent catering infrastructure to a diverse range of end markets, delivered in many forms such as modular kitchens, food kiosks and the hire of commercial catering equipment. PKL has been at the forefront of developing and delivering solutions for some of the world’s most renowned events such as the Olympics and Commonwealth Games.

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Buyer(S) 1

Buyer

Lowe

Lisburn, Ireland
Category Company
Founded 1977
Sector Business Services
DESCRIPTION

Lowe provides refrigeration and catering equipment for rental and sale to the world’s leading F&B exhibitions, events, and retailers. Lowe has a truly international network of offices, teams, and distribution hubs across the USA, Europe, the Middle East, and Asia which enabled it to serve 40 countries and sell to over 140 countries in 2018. Lowe was founded in 1977 and is based in Lisburn, Ireland.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2019 M&A 1 of 1
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