Announcement made 21 December 2023

Safetykleen Acquires Majority Control of Metalwash.

“Safetykleen has on 21st December acquired control of the majority of the voting rights in Metalwash at both board and shareholder levels. Safetykleen retains an option to acquire the remainder of Metalwash’s shares at a later stage. At this stage Safetykleen and Metalwash will continue to operate separately under their existing management teams and brands. We believe that Safetykleen and Metalwash both provide best-in-class solutions to their customers, and that there are significant synergies to unlock as we harness the skill-sets and dedication of both sets of employees to serve more customers better and to further us in our ambition to make our planet Safer and Kleener. Safetykleen provides parts cleaning, waste management and environmental advisory services to customers in 14 countries including multiple European markets, the UK, Turkey, Brazil and China. In the UK, Safetykleen is a provider of parts cleaning machines, parts cleaning services and waste management services. Safetykleen is wholly-owned by funds advised and managed by Apax Partners LLP.

Metalwash specialises in the sale, rental and service of parts washers and automated cleaning solutions in the UK.”