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.

https://www.rwmexhibition.com/welcome/about-us

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

MOST VIEWED...


Article image Chequers Chosen for Parliamentary Review

Chequers Contract Services have contributed their knowledge and experience to the 2017 Parliamentary Review, in the Construction and Engineering Edition.Full Story...

Article image PFM Awards 2017 finalists announced

Successful entries selected for inclusion in the list of finalists for the PFM Awards 2017 have been announced.Full Story...

ISS supporting Royal Bank of Scotland for the future

PFM Awards 2017 categories announced

Concerns raised over data protection update

http://www.fsifm.comhttps://www.emergencyuk.com/pfm2