Thursday, October 22, 2020

Lincolnshire occupational health services firm acquired

Marlowe plc, the specialist services group focused on developing companies which assure safety and regulatory compliance, has acquired Caritas Group Limited.

Based in Lincolnshire, Caritas provides occupational health services and was established in 1997.

The business will be integrated into Managed Occupational Health, the Group’s occupational health operation.

In the year to March 2020, Caritas generated revenues of £400,000 and EBITDA of £100,000.

The total consideration for the acquisition of Caritas is £130,000.

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