Clear-Flow Ó×Å®ÊÓƵ“ going with the flow
We have advised national drainage and wastewater utility specialist Lanes Group on its acquisition of south-west drainage solutions company Clear-Flow Limited, supporting the companyÓ×Å®ÊÓƵ™s strategic growth plans in the UK utility market.
The client
Lanes Group is a national drainage company providing services for utility, rail, local government, transportation, construction, telecoms and domestic sectors. The company was established in Leeds in 1992 and is now made up of a network of 24 locations in the UK, with a workforce of more than 4,000 people. Founded in 1982, Cornwall-based Clear-Flow provides drainage solutions across the south-west.
The acquisition of Clear-Flow will support Lanes GroupÓ×Å®ÊÓƵ™s ambitions for UK expansion, bringing together two strategically aligned businesses Ó×Å®ÊÓƵ“ which are both established players in the utility market. Clear-Flow will also bolster Lanes GroupÓ×Å®ÊÓƵ™s existing commercial activity in the south-west.
Our solution
Our North-West deal team managed the acquisition, led by James Wild and Rikesh Patel, with support from Ben Everson and Austin Halewood.
Testimonial
Ó×Å®ÊÓƵ˜The Ó×Å®ÊÓƵ team offered its wealth of acquisition experience and expertise to the process. Resulting in an effective and seamless transition for all involvedÓ×Å®ÊÓƵ™.
Julie Hobbs, Director of Finance
Lanes Group plc