Asbestos Removal Contractors Silverdell UK Acquired by Bow Lane Capital plc
On June 23, 2006 it was announced that Silverdell (UK) Limited, specialist removal contractors would be acquired by Bow Lane Capital plc, an investment company established to acquire businesses in the environment and asbestos services sector, in a deal worth up to £22.2m.
(PRWEB) July 19, 2006 -- On June 23, 2006 it was announced that Silverdell (UK) Limited, specialist removal contractors would be acquired by Bow Lane Capital plc, an investment company established to acquire businesses in the environment and asbestos services sector, in a deal worth up to £22.2m.
On completion of the transaction, Bow Lane Capital plc will change its name to Silverdell plc and will continue to trade on the Alternative Investment Market of the London stock Exchange.
The Director’s of the asbestos removal contractors Silverdell (UK), being Danny T Spicer, Wayne Farmer, Mark Roberts, Sean Nutley, Dave Rhodes and Ashley Griffiths will remain in place and perform the same functions after the acquisition and clients will not notice any change.
In addition, Danny Spicer, who has worked for Silverdell asbestos removers for over 26 years and is the son of the company’s founder, will become Chief Executive Officer of Silverdell plc, and Sean Nutley, who has been with Silverdell since 1992, will become Chief Operating Officer. Silverdell plc asbestos specialists will be chaired by David Williams, the current Chairman of Bow Lane Capital plc and former Chairman of Waste Recycling Group plc.
For more information on Silverdell visit their website www.silverdell.co.uk
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