A CHESTER based company has been acquired in a six-figure deal completed this week.
FBW Engineering Services Limited has acquired Chester-based ARL Consulting on Thursday
FBW aims to leverage ARL's specialist expertise in the food and beverage sector, providing valuable access to the industry.
Simultaneously, ARL stands to benefit from the inclusion of FBW's Mechanical and Electrical (M&E) services, enhancing the overall value of its existing portfolio.
In a strategic move, both businesses will maintain their autonomy and operate independently under the umbrella of FBW Group; FBW co-owner Ian Hampson will assume the role of managing director at ARL as part of the arrangement.
Working in tandem with the existing management team and collaborating closely with ARL's founder, Simon Binyon, Mr Hampson aims to ensure a seamless integration of operations at the Chester-based enterprise.
Having taken the reins of FBW in 2016 through a management buyout, Ian, alongside co-owner Mike Dawber, has actively fostered growth and invested significantly in the business over the past eight years.
Mr Hampson said, "Mike and I share a passion for growth and have consistently invested in the business since our takeover. We've successfully elevated FBW's profile, securing clients both domestically and internationally.
“The acquisition is the next natural step, aligning with our growth strategy, and providing us with the opportunity to explore new markets and integrate additional expertise into our business. ARL is a well-respected brand in the effluent treatment sector, with an impressive client portfolio and a specialist skillset that we are proud to invest in moving forward.”
The deal marks a period of growth for FBW; in late 2023 the team grew with new appointments including Emma Carter as team administrator and Tom Smith as a Mechanical Engineering Apprentice.
Managing director Mike Dawber said: "We're thrilled to extend a warm welcome to Emma, Tom and our newest colleagues from ARL as they join our group. The prospect of venturing into new markets is particularly exciting, and we eagerly anticipate the opportunities and growth that lie ahead in the future."
Stephensons solicitors acted for FBW on the transaction.
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