Source - SMW
Marlowe has acquired Advance Environmental Ltd, a provider of water treatment and hygiene services based in Northamptonshire, for £1.9m on debt- and cash-free basis.

For the 12 months to 31 September 2016, Advance Environmental reported revenue of £2.5m, EBITDA of £0.5m and net assets of £1.0m. The transaction would be funded using Marlowe's existing cash and debt resources.