‘Game changing’ acquisition for Lucion
Environmental and occupational safety group Lucion Services has taken over asbestos and environmental consultancy Redhills.
The deal doubles the size of Lucion’s annual turnover to £25m and takes staff numbers to nearly 400.
The Redhills name will continue as a trading style within Lucion Environmental Ltd and the network of regional offices will share back office systems and processes in addition to collaborating on new business ideas.
Redhills has its head office in Dorking, Surrey, with a network of eight regional offices.
With a turnover of £12.8m last year, it is slightly bigger than Lucion, whose turnover was £12.2m. Redhills has 215 employees 215, of whom 140 are environmental consultants, surveyors, analysts and project managers.
Gateshead-based Lucion has 180 employees across its seven offices.
Lucion Services managing director Patrick Morton said: “There is tremendous goodwill associated with the Redhill’s brand and we are delighted to have completed this purchase. The acquisition totally complements our existing business offering, making it an ideal fit for us and a game-changer for our industry.
“Rapid growth of the asbestos management market place in recent times has brought with it many challenges. I’m proud to say that as a business we’ve always adapted quickly and been creative in our approach to supporting clients.
“From technological advances to technical skills and knowledge, we have consistently placed ourselves at the cutting edge of industry development. As demand for trusted, quality providers of asbestos management services hits an all-time high, we couldn’t be better placed to join forces in delivering a more efficient, stronger and robust service offering for both Lucion and Redhills clients.”
Redhills managing director Lee Carter said: “There is huge potential for an exchange of ideas and development, which can only be a good thing for our employees, our customers and the industry.”
Since its inception in 2002, Lucion has added Salbrook Vance Consultants, MPC Remediation in 2013 and Innov8 Safety Solutions in 2015.
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This article was published on 26 Jul 2016 (last updated on 26 Jul 2016).