Specialist services group acquires York safety firm in £2.5m deal
A specialist services group focused on the development of safety and regulatory compliance firms has acquired a national consultancy.
Marlowe plc has announced that it has purchased Eurosafe UK Group Limited for an enterprise value of £2.5m.
Established in 1996, Eurosafe specialises in safety consultancy services, including asbestos consultancy, construction design management and contractor safety accreditation.
The York-headquartered firm operates across the country, and in the 12 months leading up to March 31 2019 generated revenues of £.3.4m.
The acquisition is the latest in a raft of acquisitions by Marlowe, which acquired Aquatreat Group Ltd at the end of 2019.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity
When will our regional economy grow?
Creating a thriving North East construction sector
Why investors are still backing the North East