Clearwater International sources sale opportunity for specialist builders merchant

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The industrial products and services team at Clearwater International has advised the family shareholders of specialist builders merchant, UGS Limited, on its acquisition by Main Market-listed BSS Group plc.

Banbury-headquartered UGS is a leading distributor of below ground drainage and civils equipment to specialist contractors, operating nationally from ten branches. Leicester-headquartered BSS already distributes to specialist trades, including industrial contractors, domestic plumbers and heating engineers, as well as independent merchants and UK industry.

The acquisition will allow BSS to enhance its capability to service the broader drainage market.

The Clearwater International team comprised Jon Hustler, Nick Holder and Constantine Biller.

Jon Hustler, partner at Clearwater International, said: “There are great synergies between these two businesses, and this acquisition will allow BSS to significantly enhance its presence in the area of drainage and water management over the coming years.”