ONEtoONE Corporate Finance has advised APLICLOR Water Solutions, a leading Spanish provider of chemical products and technical services for the water treatment sector, on its integration into Tennants Distribution Ltd, the UK’s leading independent chemical distributor.
APLICLOR Water Solutions has built a century-long legacy of excellence since its founding. Renowned for its strong technical expertise, safety-driven culture, and customer-centric approach, Apliclor operates more than 30,000 m² of modern distribution facilities, offering bulk chemical storage, blending, formulation, packaging, logistics, and turnkey water treatment equipment supported by a dedicated team of field engineers.
The acquisition by Tennants Distribution Ltd represents a highly strategic step for both organizations. For Tennants, this partnership significantly strengthens its European footprint and enhances its water treatment offering by integrating Apliclor’s deep technical know-how and specialized services. For Apliclor, joining an international group with shared values creates new opportunities for investment, innovation, and sustainable long-term growth.
This new chapter marks an important milestone for the European chemical distribution and water treatment industry. By combining Apliclor’s market leadership in Spain with Tennants’ international scale and heritage, the transaction creates a stronger, more resilient platform focused on safety, quality, efficiency, and customer service.
The transaction was led by Guillermo de Miguel, Javier Toro and Julián García de la Peña, supported by Fabio Lupo and Alejo Baran Simone from the M&A Development team, at ONEtoONE Corporate FinanceSpain, reaffirming our commitment to supporting founder-led and family-owned businesses in finding strategic partners that respect their legacy while accelerating future growth.


