META Corporate Finance Ltd

Validair

Validair (Euro) Limited

February 2009

Validair (Euro) Limited 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 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, Validair Director, Stephen Ward commented "Mark's sound, expert advice helped steer this transaction to a successful completion.  He co-ordinated an expert team of professionals to support the management team, structure the deal and lead the transaction."

Mark Ledger-Beadell, acting on behalf of Validair for Meta Corporate Finance commented "The Diamond Scientific acquisition represents an exciting opportunity for the management team to expand and is a likely precursor to further acquisitions."

 

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