Strategic move creates leader in full-service water-handling and treatment solutions
WORKDRY International Ltd, the ultimate holding company of Hampshire-based pump rental solutions providers Selwood Ltd, have acquired Siltbuster and Siltbuster Process Solutions, specialists in water-treatment and silt-management solutions.
The Siltbuster businesses will remain based in Monmouth, Wales, with the two management teams working closely to drive the growth of their water-treatment services and enhance their combined service offerings to the water, environmental and construction industries.
Chris Garrett, chief executive officer of Selwood, said: ‘This is a major strategic acquisition for Selwood, broadening our offering to the industries we work with and further reinforcing our position as the country’s leading pump rental solutions provider.
‘The Siltbuster businesses are an excellent complement to our existing products and service offering. Selwood and Siltbuster are both renowned for exceptional water-handling capabilities and, importantly, share a common culture and business ethos based on product quality, innovation and outstanding customer service.’
Siltbuster chief executive officer Dr Richard Coulton, who will continue to lead the Siltbuster businesses, said: ‘Siltbuster were built on innovation and in our discussions with Selwood it became clear that they share our passion for developing and providing innovative full-service solutions.
‘We are proud to have become the UK’s leader in this sector and are very excited about building on this position with the benefit of Selwood’s scale, reputation and expertise.’
Selwood say the acquisition of Siltbuster aligns with their strategy of providing a single point of contact solution for pumping and water-treatment requirements, backed by their 400-strong team of specialists, comprehensive fleet and nationwide branch network.
The deal will also allow Siltbuster’s teams to offer Selwood’s pump rental products and expertise alongside their water-treatment services.