Portfolio
Nature of Business
Environmental Scientifics Group (ESG) is the UK’s leading provider of testing, inspection and compliance services. Operating across four distinct divisions: geotechnical services; laboratory and analytical services; materials testing; and environmental safety compliance, the Group has more than 1,600 employees and serves over 7,000 customers. All ESG's services are delivered across the UK through a strong network of 32 local accredited laboratories supported by a centralised head office.
Investment Overview
The business was formerly part of the Inspicio Group and was re-branded to ESG following the sale, by Inspicio, of Inspectorate (the Group’s global commodity testing and inspection division) to Bureau Veritas in September 2010 for £450m.
ESG subsequently disposed of its Food testing businesses in the UK and Ireland to Campbell Brothers (ASX listed) in April 2012 leaving a pure play, market leader in the environmental testing, inspection and certification space in the UK. The business continues to be led by the former management team of the Environmental Scientifics Group; with Alex Sleeth as Group CEO and Nick Louden as Group CFO.
A core part of the strategy for ESG is to continue to drive strong growth through taking advantage of the significant structural growth and market consolidation opportunities in this fragmented marketplace. In February 2011 the company expanded its testing capabilities with two acquisitions, adding 6 new labs and 25 employees to the Group as well as an additional 700 customers.