Based in Newark, Nottinghamshire, the tankering business has a fleet of 18 tankers and 16 drivers which specialise in the tankering of both domestic and industrial waste including cesspits, septic tanks, sewage treatment plants, interceptors and leachate.
It employees 20 people in total – all of whom will be retained. The company will continue to trade under the Eurotech name.
Eurotech founder Chris said: “This move ensures our long-standing commitment to providing a reliable, high-quality service lives on.
“In choosing CSG to carry forward Eurotech’s legacy, we are confident that their values as a family-owned business and their dedication to exceptional customer service align perfectly with our own.
“Joining CSG represents a tremendous opportunity for Eurotech to grow and further enhance our capabilities and we are excited to embark on this new chapter.”
Steve Hicks, operations director of CSG, said the deal was another significant step forward for the business, which is owned by the Hart family, including Heather and Hiliary Hart, the daughters of founder Bunny Hart.
Steve continued: “We are delighted to complete the acquisition of Eurotech Environmental Limited, which is a continuation of our ongoing strategy of geographic expansion.
“We have worked with Eurotech as a valued subcontractor for many years so we are aware of the business’ strengths and have a positive relationship with the owners, Chris, Karen and Nick Banks.
“Their ideal exit strategy was to sell to another family business and we are pleased to have been able to facilitate that wish.
“The Eurotech team will be warmly welcomed into the CSG team and we wish Chris, Karen and Nick all the very best for the future.”
CSG has an annual turnover of £110 million and profits of £13 million. It employs over 650 people.
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