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Groveko (2023)

2023

Acquisition

Chestnut acted as sell-side advisor to Groveko

Omschrijving

Groveko is a distributor of cleaning and hygiene products based in the Netherlands. In addition to its traditional product offering, the business is the market leader in robotic and smart cleaning solutions in the Benelux.

Bunzl is an international distribution and services company in the fields of retail, foodservice and cleaning & hygiene amongst others. It has operations across the Americas, Europe, Asia, the UK and Ireland.

Chestnut acted as sell-side advisor to the shareholders and management of Groveko on the sale to Bunzl.

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