KBS Corporate advises on the sale of Deba UK Ltd
Deba UK Ltd, a specialist cooling tower engineering and environment compliance company based in the South East of England, has been acquired by Netherlands based Nijhuis Industries, who operate in the UK as Nijhuis Industries UK and Ireland. The Dutch water and wastewater company agreed to the deal with Deba UK in order to complement their existing portfolios of products.
Since 1972, Deba UK have provided engineering services, products and technologies that enable organisations to meet their health, safety and environmental obligations in areas of Legionella compliance as well as water and ventilation hygiene. They are a proven provider of mechanical and chemical solutions for cooling towers and also provide wastewater bio-organic catalyst applications.
The acquisition is immediately effective and Deba UK Ltd has now become part of Nijhuis Industries strategy of growing its presence in the UK and Ireland. As part of this strategy, Deba UK will be renamed to Nijhuis DEBA Ltd and its office in Wokingham will be added to the existing presence in Truro and Bristol.
Menno Holterman, Nijhuis Industries CEO, commented on the deal and said, “The DEBA suite of services is an excellent fit with our global vision of providing water and wastewater services that recognise the increasing scarcity of water resources and that contribute to the circular economy. The acquisition would result in an integrated turnkey offer for water and wastewater solutions offering customers a ‘one-stop shop’ and benefit from Nijhuis added value services like i-Consult, i-Monitoring & Control and Operations. Therewith also addressing the fast-growing demand to deliver solid and adaptive solutions for a sustainable and resilient future.”.
Mike Platt, the Managing Director of Deba UK Ltd added, “I am confident that this acquisition is good for the Company and for the employees and will open-up many opportunities for the business going forward”.
The deal was overseen by Tom Eatough, Associate Corporate Director at KBS Corporate, who commented, “After a competitive bidding process, it was clear that Nijhuis Industries was the most suited acquirer for Deba UK. The acquisition enables Nijhuis to expand on their presence in the UK, whilst opening up international opportunities for Deba and an additional service offering in the UK. I am sure the acquisition will be a great success and I wish both parties all the best for the future.”
Mike Platt remain with the company and work for the new combined group as Nijhuis DEBA Business Development Director. Ian Stentiford has been appointed Managing Director Nijhuis UK and Ireland.