Group strengthens its water treatment division with latest acquisition
Castleford-based Premier Technical Services Group (PTSG), a building compliance services provider, has acquired Neptune Compliance Ltd.
The deal further strengthens the buyer’s position in the UK water treatment and hygiene market and advances its strategy to build one of the country’s leading specialist compliance businesses.
Based in Tamworth, Staffordshire, Neptune is a specialist water treatment and hygiene business providing Legionella testing, water treatment for closed systems, water storage and cooling towers, together with risk assessment and consultancy services.
The firm has delivered strong organic growth over several years pre this acquisition.
Neptune serves customers nationally, with relationships across the retail and facilities management sectors, including work supporting M&S, Morrisons, Central England Co-op, ASDA and Frasers Group operations.
Its engineering team operates across the UK, providing a geographical and operational fit with PTSG’s existing Water Treatment division.
The acquisition also creates significant opportunities to introduce Neptune’s capabilities across PTSG’s customer base and provide additional PTSG services to Neptune customers.
It represents the latest strategic investment driven by PTSG executive chairman Paul Teasdale.
Dr Greg Ward, CEO of PTSG, said: “Neptune is exactly the kind of business we want to bring into PTSG: specialist, technically strong, compliance-led and built around excellent customer relationships.
“Water is an increasingly important part of our group. Neptune gives us additional expertise, geographical reach and an experienced team as we continue building real scale in this market. I am happy to welcome Craig Ward and everyone at Neptune to PTSG.”
Ward, managing director of Neptune Compliance, said: “We have built Neptune around technical expertise, service and long-term customer relationships.
“Becoming part of PTSG gives us the scale, resources and wider capability to build on those foundations. This is a hugely positive next chapter for Neptune, our people and our customers.
“We can grow faster, broaden what we offer and become an even stronger partner to the organisations we serve.”
Ward will remain with the enlarged water business, taking on an enhanced role as sales director within PTSG Water Treatment.
