Published Tue, Nov 6th 2018
One of Europe’s leading tank manufacturing companies, Balmoral Tanks, has acquired a majority shareholding stake in Tamworth-based Water Environmental Treatment Ltd (W.E.T) to fast-track its move into the legionella compliance and water industry services market.
“Our stake in W.E.T provides a platform to extend our service offering to our global client base. To date in 2018 almost one third of our UK manufactured products have been exported around the world.
“We have known the management team at W.E.T for many years and admire the way in which they have built an excellent reputation. The core values of their business are very much aligned with Balmoral and we look forward to building on their strengths and taking the company forward.
“I am delighted that the team at W.E.T will continue to run the business on a day to day basis as their knowledge and experience is highly valued.
“The acquisition underpins Balmoral’s strategy of differentiation in the market place. Our ambition of being the number one tank design, manufacturing and services company in the world has been strengthened with the ability to provide a range of water treatment services and we look forward to an increasingly exciting future for the company.“With improved and highly efficient manufacturing processes and a commitment to personnel development we consistently deliver on our brand promise of being ‘not just another tank company’”.
Balmoral Tanks is a division of Aberdeen-based Balmoral Group Holdings Ltd, a privately owned company headquartered in Aberdeen, UK. The Group comprises a number of distinct business units and divisions including Balmoral Tanks, Balmoral Offshore Engineering and Balmoral Park.
Employing approximately 500 people the Group has been providing solutions to the building, civil and environmental engineering, energy, marine, polymer engineering and processing sectors since 1980.
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