Avallon MBO Fund has signed a conditional agreement to acquire a majority stake in Clovin S.A., aiming to enhance growth and innovation in the competitive cleaning products market.

Information on the Target

Clovin S.A. is a family-owned Polish company established in 1995, specializing in the production of high-quality cleaning agents for both professional (B2B) and consumer (B2C) markets. Initially focused on creating industrial detergents for sectors such as hospitality and healthcare, Clovin has evolved to include household cleaning products, which now account for the majority of its revenue. Over the last 24 years, the company has expanded its operations internationally, opening branches in Germany and Lithuania, and a production facility in Ukraine.

Currently employing over 230 people, Clovin’s products reach more than 25 countries across five continents. In 2018, the company reported revenues of 111 million PLN. Clovin is committed to innovation, with research and development departments dedicated to creating eco-friendly formulations that align with environmental standards.

Industry Overview in Poland

The cleaning agents industry in Poland has witnessed significant growth, driven by increased household incomes and a rising awareness of hygiene, particularly following the COVID-19 p