EDP swallows firm’s asbestos division
St Helens-based health, safety and environmental consultancy EDP has completed the strategic acquisition of the IOM Consulting (IOM) asbestos site services division for an undisclosed sum.
The acquisition is part of EDP’s growth strategy following a management buyout in 2014, and enables EDP to provide clients with a full range of property compliance and risk management services that now includes UKAS accredited asbestos surveys, re-inspections, air monitoring, and Four-stage clearances; as well as remediation consultancy and asbestos awareness training.
As part of the acquisition, a 34-strong team of experienced asbestos staff from IOM have joined EDP.
In addition, EDP has acquired the office locations in Glasgow and London, with specialist teams also located in Edinburgh and Stafford, which significantly increases EDP’s geographical spread across the UK.
EDP managing director, Mark Haydock said: “This acquisition represents a positive step forward in our growth plans. From a strategic point of view, it means we will strengthen our services to customers in the short- term and they will benefit from significant cost savings in the long-term.
“IOM has a sterling reputation in the industry for quality work and high service levels, so we’re confident its asbestos division will fit seamlessly into our business.”
With this purchase, EDP has acquired a business which is fully UKAS accredited and has provided asbestos services around the UK for over 30 years, from offices in Scotland, the Midlands and London.
Rob Aitken, chief executive of IOM, said: “This decision has been carefully considered as the asbestos site services division has been a long-standing and fundamental part of IOM since 1990.
“During this time the division has made a vital contribution to our business whilst building a reputation for excellence, quality and service. However, the marketplace has changed significantly and we believe now is the right time to hand over these services to EDP who share the same values of excellence, quality and service.”
EDP provides health and safety, asbestos, property compliance, environment, sustainability and security consultancy services to large PLCs and smaller corporate businesses regionally, nationally and globally.
