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Announced

Completed

Marlowe completed the acquisition of Healthwork for £17.2m.

Synopsis

Marlowe, a provider of business critical services and software which assure safety and regulatory compliance, completed the acquisition of Healthwork, a provider of occupational health services, for £17.2m. "The acquisition of Healthwork significantly deepens our scale and capabilities in occupational health and strengthens our position as the UK leader in regulated safety and compliance services to organisations of all sizes. With identified synergies between Healthwork and our other occupational health and health & safety activities we are confident that this acquisition will generate attractive returns for Marlowe's shareholders. Our pipeline of further earnings enhancing acquisition opportunities remains buoyant and we expect to report on further progress in the coming weeks," Alex Dacre, Marlowe Chief Executive.

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