Cawood Scientific acquires Mambo-Tox
UK soil analysis consultancy Mambo-Tox has been acquired by Cawood Scientific, in a deal advised by BCMS.
Mambo-Tox is a contract research organisation which evolved from a University of Southampton spin-out to specialise in soil ecotoxicology evaluation. At the time of the transaction in 2017, it employed 15 staff based in the city’s university science park, serving a client base including some of the world’s largest agrichemical producers.
Bracknell-headquartered Cawood Scientific, backed by Inflexion Private Equity, is the UK’s largest independent provider of analytical laboratory testing services for land-based industries. Cawood’s business units are variously involved with animal nutrition, veterinary diagnostics, and environmental monitoring services.
Along with the change of ownership, Mambo-Tox Managing Director Mike Mead-Briggs has now retired and has been replaced by Mambo-Tox manager Stephen Vinall, with a brief to grow the business further and continue delivering a more personalised service.
BCMS Assistant Director Emma Tipper, who led the transaction, commented: “The sale of Mambo-Tox was a highly rewarding result for our client, as we worked to get Mike the best deal amid strong market interest. The two businesses are a great fit together, and we are pleased to have found a new home for Mambo-Tox as a part of the UK market leader.”