Air filtration specialist adds to portfolio with £6.6m acquisition
Telford air filtration specialist Filtermist has completed its largest ever acquisition with the £6.6m purchase of Yorkshire-based DCS Group.
Filtermist International, which is part of the Absolent Group, says the deal will provide the group with the opportunity to increase its global presence in key sectors, including pharmaceutical and woodworking.
It is the latest in a series of recent acquisitions that have included dust filtration systems manufacturer Dustcheck and customised air movement and air pollution control system specialist Multi-Fan Systems.
“This latest deal is designed to significantly enhance Absolent Group’s presence in the dust and fume extraction market,” saidJames Stansfield, Filtermist International CEO.
“We have extremely ambitious targets over the next five years and increasing our presence in all of our market sectors is a key strategic objective. We will be combining the strengths of our companies to offer our customers a complete solution for air extraction and filtration.”
He added: “Traditionally, Filtermist has been known for its oil mist extraction capabilities – the acquisitions we have made so far mean that as a company we are now able to offer dust and fume extraction, VOC abatement, odour control, solvent recovery and more.
“We offer a full turn-key service for customers that need to ensure the air is free from a wide range of contaminants. This ranges from initial recommendations and project management services, to equipment manufacture and supply, installation, commissioning and after-sales support.”
Founded over 30 years ago, the DCS Group is a designer, supplier, installer and commissioner of fume and dust extraction systems.
It consists of a number of specialist enterprises including DCS & Cades, with both brands enjoying established reputations for providing quality dust extraction systems for customers in a number of industries, including pharmaceutical and woodworking.
The DCS business assets also include Ecogate and Gallito, which between them manufacture a range of industry-associated products, such as FastClip ducting and microprocessor-controlled extraction optimisation systems designed to improve extraction efficiency.
Filtermist International was supported by PKF Cooper Parry and Legal Clarity during negotiations, while the sellers were advised by the Camlee Group.
DCS Group, which had a consolidated turnover of £11.4 m during 2018, will be integrated and consolidated into Absolent Group with immediate effect.
