Marlowe is an AIM-listed company formed to create sustainable shareholder value through the acquisition and development of businesses in the outsourced business service sector with a focus on those that provide critical asset maintenance services in the UK. We are currently focused on fire protection, security systems, water treatment and air hygiene services - which are essential to our customers' operations and invariably governed by regulation, and where customers require a single specialist outsourced provider with nationwide coverage. Our customers can be found on most high streets, in office complexes and industrial estates, and include SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.
The Company is led by a Board of Directors with years of experience in running large quoted and private businesses in the support services sector who bring with them exciting track records in value creation. The company was formed in mid-2015 by Chief Executive Alex Dacre with the backing of Lord Ashcroft and an ambitious growth strategy. Marlowe plc was admitted to the stock exchange in April 2016.
Marlowe currently has two main operating divisions, Fire Protection & Security and Water Treatment & Air Hygiene. Each division was initially formed through acquisition. In February 2016 Marlowe formed its fire and security division through the acquisition of Swift Fire and Security, one of the UK’s leading providers of fire protection and security systems installation and maintenance services. In April 2016 we went on to from our water treatment divsion through the acquisition of WCS Group, a provider of integrated water treatment, hygiene, testing and engineering services. More recently, in July 2017, we acquired DCUK, the market leader in ventilation hygiene and contamination remediation services which forms the basis of our air hygiene activities. Our decentralised organisational structure gives the businesses in our group considerable management autonomy within a well-defined strategic and control framework. Our model seeks to retain the agility of entrepeneurial private businesses whilst unlocking their potential and stewarding their rapid growth as part of Marlowe, ensuring that all the key stakeholders are focused on value creation.
We intend to expand and develop our presence in all these markets and to develop our businesses into market leaders across mainland Britain, accelerated in part through further highly targeted acquisition-led growth. We have conducted nine Fire & Security acquisitions, four Water Treatment acquisitions and two Air Hygiene acquisitions since our formation.
We plan to continue to diversify and broaden the services that the group delivers by acquiring and developing specialist support service businesses in complementary sectors to build a group of consisting of the UK's leading providers of critical services. Many of the services that we are focused on providing are mandatory and necessitated by stringent legislation and regulation.