Redhills acquires asbestos management company, AH Allen
Posted By Editor on April 7, 2011
Redhills have acquired 100% of the share capital of AH Allen Limited, an asbestos management consultancy based in Hull. AH Allen Limited had revenues of £1.2m and profit before tax of £277,000.
AH Allen will be integrated into Redhills, providing both additional capacity and access to a wider client base, particularly in the North of England and Scotland.
AH Allen is a long established business with a strong client base with 17 staff of which 14 are qualified asbestos consultants.
Sean Nutley, Group CEO, said: “AH Allen has a long-standing reputation for its environmental expertise and service quality and as such is a perfect fit for Redhills. This acquisition will extend the Group’s Consulting geographic coverage and provide further scale to our operations. The deal is both value enhancing in the short term and a further step towards our strategic vision of becoming the UK’s leading specialist environmental support services business. Accordingly, I would like to take this opportunity to welcome the AH Allen team into the Silverdell Group.”
AH Allen has many synergies with Redhills and the Board look forward to the successful integration of the AH Allen team into Redhills. We will be working closely with the clients over the next few months to create a seamless transition and uphold the levels of service. We look forward to working with and expanding our already strong client base in the North.
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