Research and laboratory testing provider Cawood Scientific plans to expand across the UK and Europe following a £4 million management buy-out (MBO).
Research and laboratory testing provider Cawood Scientific plans to expand across the UK and Europe following a £4 million management buy-out (MBO).
NVM Private Equity backed the deal, which will see Cawood Scientific, a laboratory testing provider for companies in the agricultural and environmental sectors, increase its range of services.
Cawood Scientific operates from two main facilities, NRM in Berkshire and Sciantec Analytical Services in Yorkshire. The company specialises in the analysis of animal feed, grain, soil, fertilisers, composts, contaminated land and renewables such as composted waste and anaerobic digestate (broken-down biodegradable material).
Nigel Patrick, managing director of Cawood, comments: ‘Many factors have determined the growth in analytical testing in the field of agriculture and the environment over the years, such as ever-developing EU and national legislation encompassing food, animal feed, the environment and health and safety.
‘The sector as a whole has increased 6 per cent annually for the past five years and it is forecast to continue this growth in the future.’
