M&A Deal Summary

PZ Cussons Acquires The Sanctuary Group

On January 29, 2008, PZ Cussons acquired consumer services company The Sanctuary Group from HgCapital for 75M GBP

Acquisition Highlights
  • This is PZ Cussons’ 2nd transaction in the Consumer Services sector.
  • This is PZ Cussons’ 2nd largest (disclosed) transaction.
  • This is PZ Cussons’ 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2008-01-29
Target The Sanctuary Group
Sector Consumer Services
Buyer(s) PZ Cussons
Sellers(s) HgCapital
Deal Type Add-on Acquisition
Deal Value 75M GBP

Target

The Sanctuary Group

Hertfordshire, United Kingdom
The Sanctuary Spa is a female body care brand in the UK. The company also operates The Sanctuary Spa in Covent Garden, which serves over 64,000 guests per annum.

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Buyer(S) 1

Buyer

PZ Cussons

Manchester, United Kingdom
Category Company
Founded 1884
Sector Consumer Products
Employees2,644
Revenue 656M GBP (2023)
DESCRIPTION

PZ Cussons is an international marketing and manufacturing company specializing in personal cleansing and other categories. PZ Cussons was founded in 1884 and is based in Manchester, England.

DEAL STATS #
Overall 2 of 4
Sector (Consumer Services) 2 of 2
Type (Add-on Acquisition) 2 of 4
Country (United Kingdom) 2 of 3
Year (2008) 2 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-29 DMW Logistics

Nottinghamshire, United Kingdom

The Sanctuary Spa operates the women's day health spa, The Sanctuary, in Covent Garden and also owns a range of beauty products distributed through The Sanctuary and Boots the Chemist.

Buy £75M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-24 St. Tropez

Santa Clarita, United Kingdom

St Tropez is the UK’s No. 1 self tanning brand.

Buy -

Seller(S) 1

SELLER

HgCapital

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HgCapital is a European private equity firm focused on a wide range of transactions including public-to-private leveraged buy-outs, management buy-ins, divestitures, and turnarounds. Broad sectors of interest include consumer and leisure, healthcare, industrials, services, technology, media, and renewable energy. The Firm will consider both majority and minority investment positions. HgCapital is the successor to Mercury Capital Partners, a former unit of Merill Lynch which was spun out by management in 2000. HgCapital has offices in London and Munich.

DEAL STATS #
Overall 16 of 87
Sector (Consumer Services) 2 of 3
Type (Add-on Acquisition) 5 of 41
Country (United Kingdom) 10 of 45
Year (2008) 2 of 7
Size (of disclosed) 27 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-19 DMW Logistics

Nottinghamshire, United Kingdom

The Sanctuary Spa operates the women's day health spa, The Sanctuary, in Covent Garden and also owns a range of beauty products distributed through The Sanctuary and Boots the Chemist.

Sell £75M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-08 Clarion Events

London, United Kingdom

Clarion is an event organizer, producing and delivering innovative and market-leading events since 1947. In more recent times the firm has grown into a truly international business, with a portfolio of events and media brands across a range of vertical markets.

Sell £121M
Mergr

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