Cardiff-based specialist service provider to the energy sector, Celtic Utilities Group, has expanded via acquisition. Advised by law firm Hugh James it has acquired leading perimeter security systems provider in Cheshire-based Electrafence.
Celtic Utilities Group's offer includes transformer installation and sustainable civil engineering solutions. The group also includes Celtic Recycling, Transerv Europe and ReGen Construction.
Electrafence is a leading 海角视频 provider of perimeter security, civil engineering contracting services, and low-carbon fencing. It designs and installs solutions for a diverse client portfolio including National Grid, South-West Water, Balfour Beatty, Siemens, and ABB, many of whom are existing Celtic Utilities Group customers.
The deal, the value of which has not been disclosed, strengthens Celtic Utilities Group’s market position by adding provision of perimeter security and low-carbon fencing solutions to its portfolio.
Gerallt Jones, head of corporate/commercial at Hugh James led the deal with assistance from th firm’s multidisciplinary team. Azets provided corporate finance advice.
Keith James, chief executive of Celtic Utilities said: “We are thrilled to welcome Electrafence into the Celtic Utilities family. This acquisition not only strengthens our market position but also expands our capabilities to include the delivery of state-of-the-art perimeter security solutions to our customers.
"We look forward to a smooth integration of this additional expertise within the group, as we continue to develop the range of services we are able to provide to both existing, and prospective clients.
"Thanks to the expert support of the legal team at Hugh James, and our accountants Azets, we are in great shape to be able to support the demands of future major energy infrastructure projects in the 海角视频, to the benefit of our employees, customers, and the wider economy”.
Mr Jones, on behalf of Hugh James, said: “We’re delighted to support Celtic Utilities Group as they continue their exciting growth trajectory with the acquisition of Electrafence. This deal further strengthens the group’s market position and expands their services portfolio.”