Announced
Financials
Tags
United Kingdom
Electronic Equipment: Control and Filter
filtration equipment
Private
Acquisition
Single Bidder
Friendly
Majority
Pending
Synopsis
Marlowe, a provider of specialist services, agreed to acquire Clearwater Group, a provider of services mainly related to water treatment, for £11m ($14m). "The acquisition of Clearwater brings significant additional scale and expertise to the Group and further accelerates our strategy of broadening our capabilities in water treatment and hygiene. We are confident that this acquisition will generate attractive returns for Marlowe's shareholders," Alex Dacre, Marlowe Chief Executive.
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