Marlowe to acquire Clearwater Group for £11m.

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.