Lloyds Beal Acquires Enviroquip
01 Dec 2003
Lloyds Beal , the once traditional anchors and chains group which now hires and tests all forms of lifting gear, is moving into the environmental services market with the acquisition of Enviroquip Ltd . The business also provides independent recycling and waste management consultancy services, including a recycling network to partner recoverable waste producing businesses with potential re-users.
The acquisition comes as Lloyds Beal prepares to move from its Cardiff facility to a new £1.5m, 55,000ft 2site at Bedwas, Caerphilly.
The site, is being upgraded to accommodate Lloyds Beal 'srequirements. A comprehensive business plan has enabled the company to secure £350,000 in grant funding from the Welsh Assembly which will be used to further develop test house facilities.
MJ Information No: 18914
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