Benchmark International is delighted to announce the acquisition of Deeside-based drainage services business, PDS, by Salford-based Thermatic.
Established in 2009, PDS offers drainage and wastewater services including CCTV surveys, HPW cleaning, lining, and repairs around the North Wales, Cheshire, Wirral, and North West areas.
Thermatic provides mechanical and electrical maintenance services to building owners and managers throughout the UK and Ireland. The acquisition supports the Thermatic operating model by expanding its technical self-delivery capabilities and supplements their hard facility management offering in the UK.
Post acquisition, all PDS staff will transfer to Thermatic’s existing drainage division, along with its extensive fleet and equipment.
It is the company's second major transaction, following the purchase of a critical ventilation business in 2019, and forms part of Thermatic's goal of supporting current and prospective customers in both private and public sectors.
Steven Partington, director at PDS, said this about working with Benchmark International:
“Overall a great experience in what were very stressful circumstances. The initial teaser and IM were brilliant in locating the right buyer for our business, which I am hugely grateful for. Along the way the Benchmark team were very informative with updates on potential interest, and at the deal end of the process were very professional in helping get everything over the line.”READ MORE >>