Marlowe buys water treatment firm Kingfisher Environmental

30th Jul 2018 14:27

(Sharecast News) - Support services group Marlowe has acquired Kingfisher Environmental Services, it announced on Monday, which it said would further extend its national footprint in the water treatment market.The AIM-traded firm said Kingfisher, founded in 1999 and employing about 40 staff, operated nationally from its headquarters in Ware, Hertfordshire.It said it 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 £2.8m, the majority of which were contracted recurring testing and maintenance revenues," Marlowe's board said in its statement.