Transactions Portfolio
Catalyst Environmental Ltd
Acquired by:
Exova
Sector: Environmental Consulting, Remediation, Compliance and Health & Safety
Activities: Emission Testing Service
Deal type: Acquisition
Details: Adviser to vendor
Transaction Originated, Negotiated and Structured by:
Summary of Business being acquired
Catalyst provides stack emissions services, annual surveillance testing, dispersion pattern modelling and lab testing of physical and chemical samples and emissions.
Demand for environmental testing is growing as new domestic and international legislation is introduced, creating significant growth opportunities as authorities and organisations worldwide seek to ensure compliance.
Premier’s Involvement
Premier marketed the business to strategic buyers, generating offers from a first stage bid process.
Having guided the vendors on the options available, Premier assisted with bidder selection and provided strategic and financial guidance throughout the sale and legal negotiation process, right up to deal completion.
Exova Acquires Catalyst Environmental Limited
Exova, the global testing, calibration and advisory services provider, has acquired Catalyst Environmental Limited, the leading stack emissions testing specialist in the UK and Ireland.
The company, which will become Exova Catalyst, will add six facilities and 58 personnel to Exova’s existing network of over 3,600 specialists worldwide and will further extend the company’s range of environmental testing services which include air, water and soil.
Specialist stack emissions services offered include landfill gas sampling, continuous emissions monitoring, annual surveillance testing, dispersion pattern modelling and lab testing of physical and chemical samples and emissions.
Demand for stack emissions and wider environmental testing is predicted to grow as new domestic and international legislation is introduced, creating significant opportunities for specialist testing as authorities and organisations worldwide seek to ensure compliance.
Established in 2008, Catalyst has grown rapidly from a single team in Stockport to seventeen specialist teams working from six locations across the UK and Eire (East Kilbride, Stockport, Rotherham, Swindon, Caerphilly and Dublin). The company is fully accredited by both MCERTS (Environment Agency’s Monitoring Certification Scheme for emissions to air, land and water) and UKAS (United Kingdom Accreditation Service).
Mike Pooley, European managing director for Exova, comments: “We are constantly striving to increase our provision of technically demanding services. Catalyst is a recognised leader in its field and this move will allow us to develop further the specialist stack testing capabilities we provide in Europe, Americas and Middle East.
“This is the latest in a number of acquisitions we have made in recent months and further underlines our commitment to both grow our global footprint and to extend our range of capabilities and the number of customers we can support”.
Ends
Exova
Exova is one of the world’s largest dedicated testing groups, trusted by organisations to test and advise on the safety, quality and performance of their products and operations.
Headquartered in Edinburgh, UK, Exova operates 118 permanent facilities in 22 countries and employs more than 3,600 people throughout Europe, the Americas, the Middle East and Asia/Asia Pacific.
Exova’s capabilities help to extend asset life, bring predictability to applications, and shorten the time to market for customers’ products, processes and materials.
With over 90 years’ experience, Exova specialises in testing across a number of key sectors from food and pharmaceuticals to aerospace, transportation, oil and gas, fire, engineering and construction.
Catalyst Environmental Ltd
Catalyst Environmental Limited is the leading MCERTS & UKAS accredited stack emission testing business in the UK and Ireland. The Company began trading in 2008 and in five years has grown from a single office location in Stockport into a national, multi-branch operation.
Catalyst is owned by the management team, with Alastair Wolff (MD and founder of the business) the majority shareholder alongside three equal shareholders, who form the senior management team. The company boasts a selection of multi-sector customers including GlaxoSmithKline, Sita, PCME and Irish Environmental Protection Agency.
