Bidvest Secures UK Approval for Citron Acquisition, Expanding Global Hygiene Services

Bidvest has officially secured approval from the UK Competition and Markets Authority (CMA) for its acquisition of Citron, a major provider of washroom hygiene products and services. This regulatory clearance marks a significant milestone in Bidvest’s ongoing strategy to expand its global footprint in hygiene and facilities management.

Strategic Expansion in Hygiene Services

Citron, headquartered in Toronto, Canada, operates across multiple industries, including:
Manufacturing
Hospitality
Facilities Management
Education
Commercial and Healthcare Sectors

The company serves approximately 50,000 customer locations through its seven branches in Canada, four in the USA, and ten in the UK. By integrating Citron’s extensive infrastructure and expertise, Bidvest strengthens its international service offerings, particularly in the hygiene sector.

Bidvest’s Vision for Growth

Bidvest highlighted that the acquisition aligns with its broader objective of expanding services in hygiene, facilities management, and the distribution of plumbing and related products.

Key benefits of the acquisition:

• Enhanced service offerings across multiple industries.
• Greater operational efficiency through Citron’s established network.
• Strengthened presence in North America and the UK.
• Increased opportunities in the hygiene sector amid rising global demand.

Despite the acquisition’s significance, the transaction does not fall under a categorised acquisition as per the Johannesburg Stock Exchange (JSE) Listings Requirements, allowing Bidvest to disclose it on a voluntary basis.

Finalising the Transaction

With the CMA’s approval secured, Bidvest and Citron are now moving toward finalising the acquisition, a step expected to open new avenues for innovation and market expansion.

As hygiene and sanitation remain critical post-pandemic, Bidvest is well-positioned to leverage Citron’s capabilities to drive further growth, ensuring high-quality service delivery in hygiene solutions worldwide.

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