This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Marlowe buys Ductclean for £10m

19 July 2017

Ductclean, the supplier of a range of building services, has been purchased by Marlowe for a total enterprise value of up to £10m.

Scheduled to complete on 31 July, the deal is designed to allow Marlowe to enter new areas, as part of its aims to become a leader provider of maintenance services.

Ductclean currently offers options including ventilation maintenance, ductwork cleaning and management and kitchen extract cleaning.

It additionally offers remediation services, including options for asbestos, with a list of clients ranging from national hotel and leisure providers, airports and NHS trusts to universities, local authorities and FTSE-listed companies.

According to its website, Marlowe is an AIM-listed company formed to create sustainable shareholder value through the acquisition and development of businesses in targeted outsourced service sectors across the UK.

Ductclean (UK) managing director Nigel Jones said: "The acquisition of Ductclean significantly extends the scope of Marlow plc's activities into a new complementary service sector.

"The acquisition was supported by Birketts, which advised on legal matters including tax, property and employment factors."

Print this page | E-mail this page


Article image Carillion paid price for 'chasing revenue at the expense of profit'

Thoughts on the demise of Carillion have been shared by the PFM Editorial Advisory Board (EAB) during its latest meeting yesterday afternoon.Full Story...

Article image Nigel Taylor: Who is the Man behind Carillion Services?

Clear, engaging and collaborative – that’s how Carillion Services MD Nigel Taylor, a lifelong Leeds United supporter – describes his management style. In this exclusive interview, PFM got a glimpse of the private man behind the business image.Full Story...

Sodexo, Carillion and Mitie top Magenta’s social media FM ranking

Troubled FM businesses feature in top government suppliers' list

Carillion sells three PPPs to LS Trillium