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Pre-acquisition Divestiture/Environmental Audits PDF Print E-mail

FTC has over fifteen years experience in conducting pre-acquisition environmental audits for the food, hazardous waste, electronic and packaging industries in Ireland, UK and Europe. We have conducted both Phase 1 and Phase 2 assessments. The Phase 1 assessment is a systematic assessment of potential sources of environmental liability associated with a property and to identify recognised environmental conditions (RECs) in connection with a property. A Phase 2 assessment conducted by us involves more detailed investigations such as the installation of boreholes, groundwater surveys, air monitorings, contaminated land assessment.  FTC has project managed a number of assessments both in Ireland, the UK and Europe.

Services Provided

  • Phase 1 desktop assessment including a planning search, review of environmental monitoring data, non-hazardous and hazardous waste disposal records, complaints records, geology and hydrogeology of the area
  • Liaison with Regulatory Authorities
  • On-site assessment to identify recognisable environmental conditions (REC's)
  • Reporting on the findings of the Phase 1 assessment
  • Phase 2 assessment including project managing the installation of trial pits and boreholes
  • Project managing the installation of trial pits and boreholes
  • Conducting soil and groundwater sampling
  • Interpretation of results, reporting and presentation of audit findings
  • Guidance on environmental warranties to be agreed before purchase

Representative Experience

AMP Inc.: Pre-acquisition audits for electronics manufacturers in Ireland, England, Scotland, France, Italy, Latvia and Poland. The pre-acquisition audits involved a Phase 1 assessment including a planning search, site surveys and recommendations for a Phase 2 assessment if required. The Phase 2 assessment involved detailed environmental surveys, installation of boreholes, sampling and analysis of groundwater. Reporting involved an interpretation of the findings of the environmental surveys and presentation of results. Our report identified potential liabilities with the properties and suggested environmental warranties in the sale agreement.
Fitz-Pak: Pre-acquisition audits in Limerick and Mayo
General SemiConductor Ireland: Divestiture audit of electronics facility, Macroom, Co Cork. The divestiture audit involved a planning search, a detailed environmental information survey, and the installation and sampling of groundwater monitoring wells. A sewer and bund integrity survey was undertaken as part of the audit.
Compaq: Divestiture audit of an electronics facility, Stirling, Scotland. This involved a Phase 1 and Phase 2 assessment.
Confidential Client: Divestiture Assessment (Asbestos).  This involved a Phase 1 and Phase 2 assessment

Contact Details

Cork
Maeve English
T - 021 4964133
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Dublin
Bernie Guinan
T - 01 6583500
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Services and Expertise
Energy
Civil Infrastructure
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Environment
Environment
Air Dispersion Modelling
Air Quality Services
Coastal Engineering
Contaminated Land
Drainage Infrastructure
Environmental Impact Assessment
Environmental Management Systems
Environmental Monitoring
Ecology
Geographical Information Systems
Geotechnical Engineering
Health and Safety
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Pre Acquisition Audits
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Strategic Environmental Assessment
Statutory Procedures
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