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Filta Group Holdings Acquires WatBio for £7m

Filta Group Holdings plc (AIM: FLTA), a provider of fryer management and environmental services to commercial kitchens, has announced the acquisition of WatBio Limited for a total consideration of around £7m.

WatBio - which includes Watling Hope Environmental Biotech - provides a range of fat, oil and grease control, and management services for many of the UK’s leading restaurants, including grease traps, biological drain treatment and grease removal systems.

The acquisition, which comprises both cash and shares, will further strengthen Filta Group’s own grease management solutions which are provided through FiltaGMG, based in Rugby.

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Since the acquisition of Grease Management Limited (“GMG”) in August 2017 Filta Group has been seeking strategic opportunities to gain critical mass in the grease management industry.

Jason Sayers, CEO of Filta, commented: “We are delighted to have acquired WatBio, which is one of the country’s largest grease management companies, with a number of major blue chip customers nationwide.

“We have seen significant growth in our grease management business over the last 12 months and the purchase of WatBio is a perfect fit, which will propel us into the top league of service providers in the UK.”

As well as grease management services, WatBio also provides an additional range of complementary services, including wastewater pumping and treating, and a one stop shop for drainage issues through its drain jetting and vacuum tankering facilities.

Filta’s purchase of WatBio will leverage the combined skills and breadth of knowledge across both businesses, further improving customer service delivery and the breadth of quality solutions available.

Based in Stratford-upon-Avon, WatBio has an annual turnover of around £10m and 85 staff who will all be retained bringing the combined workforce across the expanded Filta Group to approximately 150 people. Watbio’s business will continue to operate under the leadership of managing director Edward Palin, who will work closely alongside Debbie Sarson-Lowe who remains managing director of Filta UK.

Commenting on the benefits the acquisition brings, Jason Sayers added: “We are confident that by combining best practice across both businesses customers will benefit from enhanced resources, experience and product breadth, as well as the upgraded service, systems and controls Filta Group has become known for. This in turn will bring improved efficiencies, productivity and shareholder value across the expanded company.”

For further information please contact Chris Fell at the Filta Group PLC on 01788 550100

 

Watling Hope announce landmark partnership with Essex-based Environmental Biotech®

Watling Hope announce landmark partnership with Essex-based Environmental Biotech®

Watling Hope announce landmark partnership with Essex-based Environmental Biotech creating the UK's largest retail and leisure-industry focused wastewater pumping, treatment and drainage services specialist.

Wastewater pumping and treatment specialists Watling Hope have announced a strategic alliance with leading drain treatment and management specialist Environmental Biotech.

The new company Watbio Limited will incorporate both companies and will provide Watling Hope's leading wastewater pumping and treatment expertise and Environmental Biotech's unique drainage treatment products and national drainage services.

Edward Palin, Managing Director of Watling Hope comments "By bringing the two business together we are able to offer our clients the most complete range of wastewater services - on a national scale. This deal gives us the scope to provide a true one stop shop for grease management, pump station service and drainage maintenance".

The new business will operate from Watling Hope's Stratford upon Avon offices with service Depots across the UK.

Mr Palin adds "There should be a seamless transition for our existing customers, the only difference being a change of name on our paperwork, however as we fully integrate we will be contacting customers to make them aware of new products and services on offer".

For further information please contact Watling Hope on 01789 740757

 
service engineer on hoist

Watling Hope is a specialist wastewater engineering company operating across the UK.

We have industry-leading experience and expertise in wastewater pumping, treatment, management and disposal.

We are a solution-focussed company. Our goal is to to solve drainage problems and ensure compliance in the most cost-efficient and environmentally responsible manner.

In addition to solving problems we stock and supply a wide range of products from sewage pumps, sewage pumping stations, sewage treatment plants, grease traps and interceptors. Whatever your requirement we can help and our expert advice comes as standard.

Our clients range from private home owners, developers, pubs and restaurants through to major leisure groups, high street and roadside restaurants, hotels, golf clubs, caravan parks, property management companies, housing associations as well as local and regional authorities.

With the majority of our work coming through returning customers or through client / specifier referrals customer satisfaction is our key priority. As testament to our high level of service we were proud to be awarded ‘Specialist Maintenance Contractor of the Year 2007’ by Mitchells & Butlers PLC one of the UK’s leading operators of pubs and bars.

As an independent company, we offer our clients the confidence that all products and services specified by Watling Hope are based upon proven experience, performance characteristics and technical merit.

 

Please browse our site to view our services in more detail, if you have any queries or would like to discuss a particular project or application please contact us on 01789 740757 or use our online enquiry form.

 
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