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Tomorrow’s


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CHSA asks CMA to investigate unscrupulous traders


The Cleaning & Hygiene Suppliers Association (CHSA) has written to the Competition and Markets Authority (CMA) requesting it investigate possible profiteering by unscrupulous organisations capitalising on the exceptional demand for cleaning and hygiene products.


The CHSA has requested the


investigation particularly examine the delisting of reputable companies by online trading platforms, in favour of organisations charging exceptionally high prices.


Lorcan Mekitarian, Chair of the CHSA, explained: “It seems very clear unscrupulous organisations are profiteering on the extraordinary demands for cleaning products like hard surface sanitiser, hand sanitiser, wipes, gloves, masks, aprons and sacks. With very high prices, they are ripping off buyers of these products.


“It also appears online trading platforms may be giving these organisations preferential listings. If this proves to be the case, it needs to be stopped.


“In contrast, our members are trading ethically, working hard to meet demand with reasonably priced product compliant with industry standards.”


Every member of the CHSA has signed their rigorous Code of Pratice, which requires member be: “‘well established’ in the cleaning and hygiene industry and to maintain a high standard in the conduct of its business.”


Where applicable, they are also members of the CHSA's Accreditation for Distributors and Manufacturers of Soft Tissue, Plastic Refuse Sacks and Industrial Cotton Mops. These guarantee ‘what’s in the box is what’s on the box’.


Compliance to the CHSA’s Accreditation Schemes and Code of Practice is guaranteed by a rigorous auditing process conducted by an independent inspector.


www.chsa.co.uk


Kersia acquires Holchem from Ecolab


the acquisition. The divestment of Holchem reiterates Arrowpoint Advisory’s position as the advisor of choice for listed companies on UK transactions.


Arrowpoint Advisory has advised Ecolab on the disposal of Holchem to Kersia, an international biosecurity and food safety company backed by French private equity firm, Ardian.


Holchem is a UK leader in detergents, disinfection and biosecurity solutions, generating its revenue mainly in the food and beverage sectors and is also active in the food service, retail and institutional sectors and dairy farming. Holchem achieved c.£47m of revenue in 2019 out of its two UK manufacturing facilities, both of which supply mainly the UK and Irish markets.


Following the acquisition, the combined Holchem and Kersia Group will generate >€300m revenue, with 1500 employees and 18 worldwide manufacturing plants.


Ecolab acquired Holchem in December 2018 subject to clearance by the UK Competition and Markets Authority (CMA), with the CMA ultimately ruling against


6 | WHAT’S NEW?


Stuart Middleton, Managing Director of Holchem, commented: “It was a pleasure to work with Graham, Tom, and the rest of the Arrowpoint team; their commercial and technical knowledge was invaluable. They were friendly, hugely supportive and a committed partner in getting the team at Holchem through what was at times a difficult and complex process.”


Graham Carberry, Arrowpoint Advisory MD, added: “We are delighted to have had the opportunity to work with Ecolab, a true global leader, and with the entire team at Holchem who have done an extraordinary job supporting the UK’s critical food manufacturing and food retail supply chain at such an important time, all while going through a transaction process.”


Tom Smith, Director at Arrowpoint, concluded: “It has been a pleasure working with the Ecolab and Holchem teams and we are pleased that Holchem has found a good home with Kersia.”


www.arrowpointadvisory.com www.ecolab.com www.holchem.co.uk


www.cleaninginteractive.com


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