Engineering services specialist EnerMech has made its first entry in to the electrical and instrumentation (E&I) sector with the acquisition of EPS Group in Australia and the Americas.
EPS Group managing director Paul Buckley and fellow directors John Cox and Brett McGrane will remain with the business and have become shareholders in the wider EnerMech Group.
EnerMech has 2,300 staff working across its global business and the EPS Group acquisition paves the way for providing a more focussed integrated service offering ideally suited to the downstream, infrastructure, offshore and defence industries.
Paul Buckley said: “Our combined offering of skills, infrastructure and experience will strengthen our relationships with existing clients and create a wealth of new opportunities. Being part of the larger EnerMech Group, our business is now better positioned to take on larger projects not only in Australia and The Americas but across the globe.”
Doug Duguid, EnerMech chief executive officer, said: “Adding a global E&I capability was essential to meet a demand from many of our customers who are looking for us to provide integrated commissioning and maintenance services.
“We have invested to organically develop our own E&I capability but by combining our expertise with EPS, this allows us to gain an immediate track-record and excellent reputation for service delivery in this area. The acquisition of EPS Group also widens our exposure to the infrastructure, power and defence markets.”
“This deal is a strong vote of confidence in our business by our three banking partners and Lime Rock, and all have provided additional funding to support the acquisition.”
We would like to thank all of our customers and our staff for their continued support over the past 5 years and look forward to continuing with the tremendous relationships that have been generated over this time.