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Sale of The Tomato Plant Company to M Group Services

M Group Services, a leading provider of services to essential infrastructure markets in the UK, with a turnover of over £1bn, announced that its wastewater network services subsidiary, IWJS, completed the acquisition of the drainage division of The Tomato Plant Company (TPC).
 
As a specialist wastewater network service provider to the transport, utility and industrial sectors, TPC undertakes high pressure jetting, interceptor maintenance, pollution and flood management, sewer rehabilitation, CCTV inspection and liquid waste haulage.
 
M Group Services Chief Executive Jim Arnold commented: “Since inception, TPC has achieved impressive growth, delivered through investment in skilled staff and specialist equipment, as well as a strong service delivery reputation. We are delighted to welcome TPC into IWJS and as a member of M Group Services.”
 
Keith Williams, the selling owner of TPC, comments: “Over the years, TPC has established a reputation as a trusted, specialist wastewater service supplier for Heathrow Airport and other clients. I would like to wish TPC every success in its work as part of IWJS and M Group Services.”

Keith Williams will retain ownership of the company's plant haulage division as well as Tomato Tyres and Plumb Tomatoes.
 
David Ellis, Director of WK Corporate Finance, commented “we were delighted to have advised Keith on this transaction. He has found ideal partners in IWJS and M Group Services to continue TPC’s growth and I wish him further success with his other businesses.”
 
Iain John, outgoing Finance Director of TPC, added “Thank you to WKCF for a job well done. I’ve enjoyed working with you, valued your support and Dave has been an invaluable sounding board. I’ve appreciated his common sense approach throughout.”

 

David Ellis

For and on behalf of WK Corporate Finance
T: 01622 690 666
E:

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