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New Deal


Announced

Cawood to acquire IES.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Pending

Cross Border

Environmental / Waste Management

Majority

Single Bidder

Switzerland

Private

contract research organization

testing inspection and certification

Test Inspection and Certification (TIC)

Synopsis

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Cawood, a provider of analytical services to businesses in the food and environment sectors, agreed to acquire Innovative Environmental Services, a contract research organisation. Financial terms were not disclosed. "This acquisition is another important step towards our vision of becoming the global partner of choice for value-added analytical testing, monitoring, research and insight. With the recent addition of i2L research and now IES alongside our existing Mambo-Tox business, our research business unit is able to meet a wider proportion of our customers’ needs for regulatory studies and contract research," Simon Parrington, Cawood CEO.

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