Acquisition of services company
Edwin James expands with Midlands deal
Peterborough Electrical & Mechanical Engineering is an outsourced reliability maintenance services company that provides electrical and mechanical plant and asset maintenance to large UK and European manufacturers.
Combining the businesses will deliver revenues of c.£150m and approximately 1,000 staff.
The acquisition, for an undisclosed sum, is EJH’s second since it was backed by specialist support services investment firm Aliter Capital in January and is part of plans to establish EJH as a leading national technical services business.
To support its growth strategy, the group recently appointed Derek Smith (pictured), formerly CEO at Aberdeen-based oil and gas industry pipe specialist Ramco and a senior figure in the engineering sector, as its chief executive.
EJH is headquartered just outside Glasgow and operates five key businesses: PEME; Staffordshire-based WT Parker Group; Musk, in Derbyshire; Ingen Technical Services, in Central Scotland; and Korrie in Inverness.
Mr Smith said PEME’s focus on plant maintenance is a “great fit” for EJH.
“PEME’s management team has over 72 years’ hands on experience in the business and we look forward to working with them as we take the next step in establishing EJH as a truly national technical services operator,” he said.