When businesses change hands it is customary that they do so only after a series of due diligence investigations. An environmental due diligence will seek to establish any environmental risks and liabilities which might be assumed by the new owners of a business.
Typically we will investigate for our (purchaser) client any risks or compliance issues associated with a business. To do so we will:
- Evaluate any information supplied by the vendor or its advisors
- Issue a questionnaire to elicit further information from the vendor
- Meet the management of the vendor and discuss with them the environmental performance of the company
- Visit the site(s) and evaluate environmental performance “on the ground.”
Subsequently we will report to our client on the (quantified) risks and liabilities associated with purchase of the shares or assets of the vendor. This can be a full report or a shorter format “table of issues.”
Alternatively we may be asked by a client selling a business to provide a VEDDA (Vendor Environmental Due Diligence Audit) to accompany the sale documents.
For more information please call 0845 601 5129 or use the contact us form
