Waste specialist buys water contractor Glan Agua

Grant Prior 4 years ago
Share

Environmental management company BHSL has agreed to acquire water contractor Glan Agua.

Clean water and wastewater solutions specialist Glan Agua works with leading water utilities in the UK and Ireland and is a division of a Portuguese engineering and construction company Mota-Engil.

The acquisition will more than double BHSL’s revenues with plans for sales in 2022 of over £85m.

The combined businesses will have over 300 staff across the UK and Ireland with expansion of Glan Agua set to add a further 50 employees in the coming months.

The move expands its operations into adjacent water services and waste management activities.

BHSL currently provides technological and engineering solutions to the growing global waste market by simultaneously providing an alternative to waste disposal by converting waste to heat and electricity.

Glan Agua has a strong pipeline of new business opportunities in the water treatment, supply, and wastewater management sector for customers including Irish Water, Thames Water, Affinity Water, Yorkshire Water and local authorities across the UK and Ireland.

Denis Brosnan, Executive Chairman of BHSL said: “Glan Agua is an excellent fit for BHSL and the acquisition supports our strategy to expand as an environmental solutions business, focussed on extracting value from waste products, and supporting the circular economy.

“Glan Agua’s blue-chip client base in the UK and Ireland provides a strong platform for further expansion in the municipal water and waste sector.  Our well supported fund raise provides us with the financial resources to support this acquisition and to drive our growth strategy.”

Karl Zimmerer, Managing Director of Glan Agua added: Joining with BHSL is an exciting step for the Glan Agua team, where we will become part of a rapidly growing business with a focus on the water and waste management industry in the UK and Ireland.

“Glan Agua has a proven track record of delivering for its customers through our 13 years in business, and we share BHSL’s commitment to innovation and helping our customers address environmental challenges safely, sustainably and responsibly, creating value with waste residue where possible.”

 

Latest news

80 energy projects unlocked as Ofgem backs grid expansion

£24bn energy networks deal gets green light from regulator
8 hours ago

Pinewood submits £1bn data centre plan

Studio giant adds green and learning spaces to tech hub blueprint
9 hours ago

Record results after TClarke goes private

Britain's biggest M&E contractor flourishes after de-listing
9 hours ago

Dalkia lands £200m nuclear maintenance deal

1,000 nuclear FM staff to join M&E contractor
8 hours ago

Construction comeback to outpace wider economy

Arcadis forecast fueled by spending review optimism
1 day ago

First steel goes up on giant car battery site

Severfield gets to work on McAlpine Somerset site
1 day ago

Permasteelisa wins cladding deal on Bovis city tower

Facade specialist lands package at 60 Gracechurch Street
8 hours ago

Fox buys recycled asphalt specialist Fisher

Acquisition adds major recycled asphalt capacity in north west
1 day ago

Major Building Safety Regulator shake-up to end tower delays

HSE stripped of control and top fire chiefs brought in to fast-track stalled schemes
1 day ago

Hinkley trio sign Sizewell civils deal

Balfour,Bouygues and Laing O'Rourke form Civil Works Alliance for new power station
1 day ago

£3.9bn data centre plan for Ravenscraig steelworks

Green energy to power massive new steel to silicon AI campus
1 day ago

Breakthrough on HS2’s second longest tunnel

8.4 mile Northolt to Old Oak Common drive completes
1 day ago

Neilcott on fast-track to debt-free employee ownership

£22.5m loan nearly paid down after big profit year
1 day ago

TfL kicks off race for £700m Tube station upgrade

South Kensington and Elephant & Castle top the pipeline list
1 day ago

Corbyn Plant Hire fleet goes under the hammer

Kit to be sold off by sister firm to collapsed groundworks contractor
1 day ago

Government wields procurement stick on late payment

New rules would block slow payers from bidding on big public jobs
4 days ago

Hercules buys power line labour firm for £15.7m

Labour supply specialist snaps up Advantage NRG to tap booming electricity upgrade market
4 days ago

Universal bid to fast-track planning for theme park

Entertainment giant eyes 2026 start at Bedford site
4 days ago

Developer Breck to transform former Ibstock brick factory

Ravenhead works to become 300-home development
4 days ago

SP Energy Networks awards contracts worth £1.4bn

First round of awards under £5.4bn national electricity grid upgrade programme
5 days ago

Travelodge to convert Liverpool Street office building

Office-to-hotel conversion in City of London
4 days ago

Plans lodged for 1m sq ft City of London office

Barbican landmark building will reuse 40% of existing structure
5 days ago

PTSG acquires roofing specialist HD Sharman Group

Premier Technical Services Group expands building maintenance division
4 days ago

Balfour Beatty lands £833m carbon capture power plant job

Work to start later this year on Teesside carbon capture gas-fired power station
5 days ago

Svella agrees deal to save Cubby Construction

Solvent purchase set to save 214 jobs and protect supply chain
5 days ago

J Coffey holds line on margins despite £52m revenue slide

Pre-tax profit down 14% but firm eyes strong pipeline to bounce back
5 days ago

Consultants called up for £2.3bn NHS SBS panel reboot

Market asked for views ahead of next-gen procurement rollout
5 days ago

Hochtief launches new UK data centre division

German business model to be introduced for UK construction
6 days ago

Construction skills body launches with 100,000 worker target

Industry to work closer with Jobcentres to find new talent
5 days ago

Kier lands £42m Midlothian school and community hub

Contractor strengthens presence in Scotland with big education job
5 days ago