UKDN merger creates £50m drainage business

SOLIHULL-based UK Drainage Network has merged with Berkshire firm Waterflow Holdings to create a £50m turnover company.

The companies provide specialist drainage services to the household, industrial, commercial, transport and water sectors.

UKDN is one of the largest drainage claims managers in the home insurance market and provides services such as remediation, validation, investigation and repairs for UK household insurers.

Slough-based Waterflow Holdings works with clients such as Thames Water, Anglian Water, Network Rail and London Underground.

It specialises in providing CCTV inspection, maintenance, renovation and repair of drains and sewers.

The merger will see the enlarged business’ turnover rise to £50m and it will have a 500-strong team working across its nationwide network of 17 depots.

Waterflow’s senior management team of Philip Robertson, Roger Kern and Mark Lusher will continue to run the business which will be re-branded UKDN Waterflow.

Chief executive of UKDN Greg Beech said: “This is a transformative merger for both businesses, creating an independent market leader with unrivalled geographical reach and a long track record of providing high service levels in demanding markets.

“Waterflow is a robust and well-invested business which has built a strong reputation for delivery, particularly in highly regulated areas such as rail and utilities.”