Third acquisition in a year continues growth for fuel and tank storage specialist group

From left: Ian Simon, Richard Wallace, Dan Macdonald (former RPM owner)

LCM Environmental Services, the Padiham-based international fuel and tank storage risk mitigation specialist, has completed its third acquisition in the past 12 months with the addition of two North Yorkshire businesses for an undisclosed sum.

Repair Protection & Maintenance and Sprayglass International, based in Kellington and Goole, respectively, are now part of the group.

RPM is a supplier of tank lining, bund and advanced coating service specialist services, which complements LCM’s current environmental service range.

Sprayglass specialises in the manufacture of a range of chemical-resistant Glass Flake and GRP Laminating Linings, providing reliable protection to the industry since the 1970s.

Throughout 2023, LCM Environmental has embarked on a growth programme and is in the process of completing several major European projects in Ireland, Germany, France, and Belgium.

Richard Wallace, CEO of LCM Environmental Group, said: “This acquisition represents a significant step in our mission to offer comprehensive, sustainable, and innovative environmental services.

“We are excited to welcome RPM into the LCM family of businesses and look forward to creating a brighter future together.”

Ian Simon, general manager of RPM and Sprayglass International, said: “Our combined expertise will provide our clients with even more environmentally responsible solutions while contributing to a safer, more sustainable world.”

Legal support was provided by Nicola Cooper and Olivia Storey from Clarion in Leeds, taxation advice was provided by Ryan Wilkinson from BHP Chartered Accountants, and Barclays Bank provided financial support.

Pete Konieczko-Hansom, Christina Donos and Lewis Goodwin, from Blacks Solicitors in Leeds, advised the sellers in relation to the sale of their shares in RPM and Sprayglass.

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