Mon, 21 Oct 2024 | BUSINESS SALE
Stoke-on-Trent based environmental consultancy Wardell Armstrong has been bought by global peer SLR.
Wardell Armstrong is an environmental, engineering and mining consultancy with over 185 years of international service and experience. Its work includes helping and advising clients to develop renewable energy projects such as solar plants, wind farms and energy from waste. It also works with major clients such as Network Rail and United Utilities to develop new major infrastructure projects.
SLR, is a global environmental and sustainability consultancy with over 100 offices worldwide. It helps clients with their ESG and sustainability strategies, ESG reporting and disclosure, transition to net-zero and projects across mining, energy, infrastructure and the built environment.
The deal brings together nearly1,800 employees across Europe from both firms.
Caroline Mellor, managing director of Wardell Armstrong UK, said: ““We are thrilled to join forces with SLR. Our combined expertise and shared vision will allow us to better serve our clients by expanding the services, sectors, and geographies we cover, all while remaining focused on delivering sustainable solutions. Together, we will continue to support our clients in tackling the critical environmental issues of today and tomorrow.”
Bradley Andrews chief executive of SLR, said the acquisition was a great strategic fit. “It fully aligns with our growth priorities and enhancing our core business. We are excited to work with Wardell Armstrong to offer an even broader range of services to our clients while expanding our global reach and reinforcing our commitment to sustainability.”
According to its latest accounts filed to Companies House for the year to March 31, 2023, Wardell Armstrong posted a turnover of £44 million with pre-tax profit of £13.4 million up from £8.4 million the previous year.
Both companies have benefited from businesses looking to become more sustainable as a result of regulatory requirements but also in response to increasing worries over the pace of climate change.
Wardell Armstrong was advised on the transaction by KPMG on M&A, Financial and Tax, and by Napthens on legal matters.
Find out more about why consultancy businesses are looking attractive to buyers
This is a unique opportunity to acquire a well-established, female-led law firm known for its excellent client care and consistent revenue growth, with significant potential for expansion into new regions and service offerings. The firm presents a de...
An established solicitors' firm in Stoke on Trent is now available for acquisition, presenting a unique opportunity for individuals or companies seeking to expand their presence in the legal sector.
An opportunity to acquire a well-established solicitors' practice in a prime central Leicester location presents itself, ideal for those seeking a reputable presence in the legal sector.
05
|
May
|
Full-service practice acquires local construction law specialist | BUSINESS SALE
Reeves James, a specialist construction law practice, has be...
02
|
May
|
Scottish law firms WJM and Davidson Chalmers Stewart merge | MERGER
Scottish law firms Wright, Johnston & Mackenzie LLP (WJM) an...
01
|
May
|
Cybersecurity firm Brigantia bought by European peer | BUSINESS SALE
North Yorkshire cybersecurity distributor Brigantia Partners...
11
|
Feb
|
PE group Endless sells Karnova Food Group to US outfit OSI | BUSINESS SALE
Private equity group Endless has sold Karnova Food Group to ...
28
|
Nov
|
PE-backed Carton Pack wraps up Clifton Packaging deal | BUSINESS SALE
Leicester-based food packaging firm Clifton Packaging has be...
14
|
Nov
|
Timber groups merge to carve out new acquisitions | MERGER
Two timber groups have joined together to form a £80 m...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.