Marlowe PLC Acquisition of Kingfisher Environmental Services (0671W)
30 July 2018 - 4:00PM
UK Regulatory
TIDMMRL
RNS Number : 0671W
Marlowe PLC
30 July 2018
30 July 2018
Marlowe plc
Acquisition of Kingfisher Environmental Services Limited
Marlowe plc ("Marlowe" or the "Group"), the support services
group focused on acquiring and developing companies that provide
critical testing and maintenance services, announces that it has
acquired Kingfisher Environmental Services Limited ("Kingfisher"),
further extending the Group's national footprint in the water
treatment market.
Founded in 1999 and employing approximately 40 staff, Kingfisher
operates nationally from its headquarters in Ware, Hertfordshire
and provides water treatment and hygiene services with a strong
focus on the leisure and hospitality sectors.
For the year to 30 September 2017, Kingfisher generated
unaudited revenues of GBP2.8 million, the majority of which were
contracted recurring testing and maintenance revenues.
For further information:
Marlowe plc www.marloweplc.com
Alex Dacre, Chief Executive Tel: +44 (0) 203 841
6194
Mark Adams, Group Finance Director IR@marloweplc.com
Cenkos Securities plc (Nominated Adviser and Broker)
Nicholas Wells Tel: +44 (0)20 7397
8900
FTI Consulting
Nick Hasell Tel: +44 (0)20 3727
1340
Alex Le May
About Marlowe plc
Marlowe is an AIM-listed company formed to create sustainable
shareholder value through the acquisition and development of
businesses that provide critical testing & maintenance services
in the UK. It is focused on fire protection, security systems,
water treatment and air quality services - which are essential to
its customers' operations and invariably governed by regulation,
and where customers require a single specialist outsourced provider
with nationwide coverage. Our customers can be found on most high
streets, in office complexes and industrial estates, and include
SMEs, local authorities, facilities management providers,
multi-site NHS trusts and FTSE 100 companies.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
ACQEASXXADNPEFF
(END) Dow Jones Newswires
July 30, 2018 02:00 ET (06:00 GMT)
Marlowe (LSE:MRL)
Historical Stock Chart
From Apr 2024 to May 2024
Marlowe (LSE:MRL)
Historical Stock Chart
From May 2023 to May 2024