# Marlowe plc acquires Clearwater Group for £11 million

Marlowe plc has entered into a conditional agreement to acquire Clearwater Group Limited for an enterprise value of £11 million. Clearwater provides water treatment, hygiene and compliance services across the UK and Ireland.

- Type: Acquisition
- Announced: 2019-05-21
- Where: UK and Ireland, United Kingdom
- Value: $13.9M (11.0M GBP)
- Status: announced
- Products: water treatment services, hygiene services, compliance services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Marlowe plc](https://endata.com/companies/28977.md) (acquirer)
- [Clearwater Group](https://endata.com/companies/39488.md) (target)
- [Baird Capital Partners Europe](https://endata.com/companies/39489.md) (investor)

## Sources

- [investegate.co.uk](https://www.investegate.co.uk/announcement/rns/marlowe--mrl/acquisition-and-proposed-placing/5577731), 2019-05-21: "The Acquisition strengthens Marlowe's position as a major player in the water treatment and hygiene market"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.