M&A Deal Summary

PHI Industrial Acquires La Antigua Lavandera

On October 1, 2013, private equity firm PHI Industrial acquired consumer products company La Antigua Lavandera from Henkel

Acquisition Highlights
  • This is PHI Industrial’s 1st transaction in the Consumer Products sector.
  • This is PHI Industrial’s 8th transaction in Spain.

M&A Deal Summary

Date 2013-10-01
Target La Antigua Lavandera
Sector Consumer Products
Buyer(s) PHI Industrial
Sellers(s) Henkel
Deal Type Divestiture

Target

La Antigua Lavandera

Seville, Spain
La Antigua Lavandera is relatively small and meets just the local market needs, it is well located for bleach consumers from the South of Spain and Portugal. The plant annually produces about 60.000 tons of bleach.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

DESCRIPTION

PHI Industrial is a generalist private investment firm focused on acquiring non-core divestitures or family-owned companies facing succession issues. PHI will consider opportunities across Europe generating revenues of €20 to €250 million. PHI Industrial was formed in 2006 and has offices in Barcelona and Madrid.


DEAL STATS #
Overall 8 of 15
Sector: Consumer Products M&A 1 of 4
Type: Divestiture M&A Deals 6 of 8
Country: Spain M&A 8 of 13
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-11 Newark Group International S.L.

Barcelona, Spain

Newark Group International, S.L. is the European Division of The Newark Group, a manufacturer of recycled paperboard and converted paperboard products. The division is based in Barcelona and currently operates eight manufacturing facilities in Western Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 Pitney Bowes - 6 European companies

Spain

Pitney Bowes, Inc. - 6 European companies offer comprehensive solutions throughout the value chain. Pitney Bowes, Inc. - 6 European companies are based in Spain, Portugal, Austria, The Netherlands, Belgium, and Luxembourg.

Buy -

Seller(S) 1

SELLER

Henkel

Dusseldorf, Germany

Category Company
Founded 1876
Sector Consumer Products
Employees47,350
Revenue 21.6B EUR (2024)
DESCRIPTION

Henkel is a manufacturer and marketer of laundry, home care, beauty care, and adhesive products. The company offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; mobility and electronics; and craftsmen, construction, and professional industries. Henkel was founded in 1876 and is based in Dusseldorf, Germany.


DEAL STATS #
Overall 2 of 5
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 2 of 5
Country: Spain M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-01 IDC International Detergents Chemicals

Cork, Ireland

IDC is based in Cork, Ireland and manufactures tetraacetylethylenediamine (TAED), a bleach activator used in laundry and household product applications.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-31 Henkel AG - Steel Mill Business

Düsseldorf, Germany

Henkel AG - Steel Mill Business comprises rolling oils, pickle oils, wet temper fluids and steel mill specific cleaners for processing and protecting steel.

Sell -