News: ALS completes acquisition of Alcontrol UK
ALontrol's Rotherham laboratory has been acquired by ALS Limited as part of a significant deal for ALcontrol's food, water and environmental businesses in the UK.
Environmental and food testing specialists, ALcontrol has UKAS accredited laboratories at Templeborough which provide testing for food micro, food chemistry, water micro, water chemistry and molecular biology. It is headquartered in Hawarden, North Wast Wales.
ALS Food and Pharmaceutical provide a comprehensive range of microbiological, physical and chemical testing services for food and drink, dairy, water, and pharmaceuticals.
The acquisition, for an undisclosed sum, from ALcontrol Financial Ltd includes laboratories in Hawarden, Rotherham, Aberdeen, Bellshill, Dunstable, Shrewsbury and Newton Abbot as well as the online reporting systems.
ALcontrol UK employs 650 staff and with revenues of £39m. ALS said that the acquisition will be fully integrated into ALS' existing hub and spoke service model in the UK and once fully integrated is expected to deliver in excess of £7.93m in EBITDA (earnings before taxes) per annum and position ALS as the largest provider of both food and environmental/water services in the region.
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The acquisition will result in the creation of one of the largest analytical testing organisations in the UK and Ireland, operating from a total of 22 sites and employing over 1,500 staff in the food, water and environmental sectors.
Andreas Jonsson, general manager of ALS Europe, said: "The ALcontrol businesses represent a good strategic fit to the ALS UK businesses as we look to re-inforce our position as the number one laboratory service provider in the UK & Ireland. The addition of these laboratories into the ALS portfolio will allow us to enhance our service offering to clients in the region and open up wider opportunities to the ALS Group across Europe."
One of the world's largest and most diversified analytical testing service providers, ALS Global has its corporate headquarters in Queensland, Australia. In November 2015, ALS undertook a capital raising in part to provide funding for acquisitions in the non-cyclical sectors of its businesses. Other parts of the business have been affected by the downturn in oil & gas, and mining sectors.
ALcontrol was born out of Yorkshire Water owner Kelda and sold to Bridgepoint in December 2000. It was sold to private equity group Candover in 2004 before being sold to U.S. investment firm Blackstone in 2009. A restructure followed the recession and the Rotherham site in the asbestos, air emissions and occupational hygiene services division of the business was sold in 2012. In 2011, the Rotherham laboratory relocated from Templeborough House to nearby Aspen Court.
ALcontrol website
ALS website
Images: ALcontrol
Environmental and food testing specialists, ALcontrol has UKAS accredited laboratories at Templeborough which provide testing for food micro, food chemistry, water micro, water chemistry and molecular biology. It is headquartered in Hawarden, North Wast Wales.
ALS Food and Pharmaceutical provide a comprehensive range of microbiological, physical and chemical testing services for food and drink, dairy, water, and pharmaceuticals.
The acquisition, for an undisclosed sum, from ALcontrol Financial Ltd includes laboratories in Hawarden, Rotherham, Aberdeen, Bellshill, Dunstable, Shrewsbury and Newton Abbot as well as the online reporting systems.
ALcontrol UK employs 650 staff and with revenues of £39m. ALS said that the acquisition will be fully integrated into ALS' existing hub and spoke service model in the UK and once fully integrated is expected to deliver in excess of £7.93m in EBITDA (earnings before taxes) per annum and position ALS as the largest provider of both food and environmental/water services in the region.
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The acquisition will result in the creation of one of the largest analytical testing organisations in the UK and Ireland, operating from a total of 22 sites and employing over 1,500 staff in the food, water and environmental sectors.
Andreas Jonsson, general manager of ALS Europe, said: "The ALcontrol businesses represent a good strategic fit to the ALS UK businesses as we look to re-inforce our position as the number one laboratory service provider in the UK & Ireland. The addition of these laboratories into the ALS portfolio will allow us to enhance our service offering to clients in the region and open up wider opportunities to the ALS Group across Europe."
One of the world's largest and most diversified analytical testing service providers, ALS Global has its corporate headquarters in Queensland, Australia. In November 2015, ALS undertook a capital raising in part to provide funding for acquisitions in the non-cyclical sectors of its businesses. Other parts of the business have been affected by the downturn in oil & gas, and mining sectors.
ALcontrol was born out of Yorkshire Water owner Kelda and sold to Bridgepoint in December 2000. It was sold to private equity group Candover in 2004 before being sold to U.S. investment firm Blackstone in 2009. A restructure followed the recession and the Rotherham site in the asbestos, air emissions and occupational hygiene services division of the business was sold in 2012. In 2011, the Rotherham laboratory relocated from Templeborough House to nearby Aspen Court.
ALcontrol website
ALS website
Images: ALcontrol
3 comments:
And 60 days in they announce that 158 people are at risk of redundancy. A global company who have asset stripped a company that employees lots of local people. ALS you should be ashamed
ALcontrol sold its staff down the river, now their at the mercy of a global bully called ALS
The Rotherham branch made sure they were ok though. They moved work there to make themselves look profitable before the sale (they never made a profit) at the expense of good people at another branch (who did make a profit) and are now all being made redundant.
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