Validair acquires Diamond Scientific |
Validair (Euro) Limited, a quality force in the field of clean air validation, test and certification, is pleased to announce the acquisition of the assets and business of Diamond Scientific Limited, a company located in Darlington, County Durham, England. Diamond Scientific has been a well respected company within the industry for over 30 years and this acquisition will further enhance the premier service Validair provide. Diamond Scientific will continue to deliver the high quality service its customers have come to expect and Diamond Scientific becomes Validair’s northern office and a trading name of Validair (Euro) Limited. Frank Cross, who will continue at the helm of Diamond Scientific as Validair’s Divisional Director, stated “I am very pleased and excited to be joining forces with Validair, a company whose outlook is very much in tune with ours, and to be taking the opportunity to improve and add to the services we provide.” Stephen Ward, Validair (Euro) Limited’s Director, said “This is an important time in Validair’s growth and a fantastic opportunity for both Validair and Diamond Scientific. In Diamond Scientific we have found a company whose dedication to quality and service is much aligned with the ethos at Validair. This acquisition is great for all our customers and I am excited by what the future holds.” On the transaction, Stephen Ward commented that “The finance and taxation guidance our management team received from Zenon surrounding the acquisition has been excellent.” Lesley Carrington (Zenon Transaction Services), acting for Validair commented “The Diamond Scientific acquisition allows the management team to expand its operations in the UK and Ireland.” Advisors to Validair (Euro) Limited Taxation and Accounting Due Diligence: Richard Price and Lesley Carrington, Zenon Transaction Services Limited Legal: James Beatton and Katie Gotterson, Vertex Law LLP Corporate Finance: Mark Ledger-Beadell, Meta Corporate Finance Limited Advisors to Diamond Scientific Limited Legal: Peter McLoughlin, Bircham Dyson Bell LLP
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The finance and taxation guidance our management team received from Zenon surrounding the acquisition has been excellent.
