On the 13th July 2017 Marlowe plc has agreed to acquire Ductclean (UK) Limited (“DCUK”). DCUK is a market leader in; ventilation maintenance, ductwork cleaning and management, kitchen extract cleaning and contamination remediation services – including asbestos remediation.
Established in 1998 and operating nationally from headquarters in Welwyn Garden City, Hertfordshire, the business employs c. 185 people of which 60 are duct cleaning operatives and 70 are asbestos remediation operatives.
DCUK’s key customers include national hotel and leisure providers, airports, NHS trusts, universities, local authorities, and FTSE companies.
The acquisition of DCUK represents Marlowe’s first step into the lucrative air hygiene market place. Through this venture, Marlowe has extended the scope of the Group’s activities into a new complementary service sector with strong recurring revenues. As with our existing Fire and Water Divisions, growth in this sector is driven by stringent health and safety regulation.
This partnership adds greater scale and an attractive customer base to the Group, furthering our opportunity to provide the widest range of critical asset services to our customers.
This marks the next stage in the development of Marlowe as we progress our strategy of building a leading UK support services provider.