Craggs Environmental, a Yorkshire-based fuel and tank infrastructure servicing company, has doubled its size, coverage and operational capacity after acquiring LCM Environmental.
The deal was supported by a team of Yorkshire advisers including Estelle Brown and Charlotte O’Connor of Clarion Solicitors who provided legal advice to the management of Craggs Environmental.
With various sites across the UK, the primarily Hampshire-based LCM Environmental provides a broad range of fuel management and environmental services including man entry tank cleaning, fuel sampling, polishing and tank decommissioning.
“This acquisition not only provides us with a wide range of new equipment and a new fleet of vehicles such as vacuum tankers and fuel polishing rigs, but we are also joining our teams with over 40 members of staff bringing together a vast range of skills and industry knowledge, increasing the services to our large combined customer base,” said Chris Bingham, CEO at Hebden Bridge-based Craggs Environmental.
“Both businesses have a combined history of over 32 years in the industry, so, I am confident that this acquisition will not only provide a seamless transition for LCM customers, but also provide a high-quality service which puts us in the running to be the largest fuel service maintenance company in the UK.
“We have a very exciting and busy time ahead of us, as the opportunities for the expanded business with such a broad range of skills and experience are simply huge.”