EDF Energy and Dalkia joint venture EDF Energy Services has acquired Imtech UK and Ireland from Endless LLP – the acquisition will contribute to the delivery of EDF’s long term strategy and further strengthen its reach throughout the UK.
Completion of the deal is subject to merger control clearance from the European Commission.
Imtech is a leading engineering services company and provider of technical services to construction, industrial, commercial and public sector clients in the UK and Ireland – clients in the UK water sector include Thames Water and Yorkshire Water.
The firm employs more than 2,100 people, generating revenues of over £400m per year delivering mechanical and electrical engineering services, technical operation and management of facilities, and the integration of digital control solutions.
Announcing the acquisition, EDF said backing and expertise from the EDF Group would enable Imtech UK and Ireland to continue to deliver high quality services for new and existing clients and support its growth across all its business, including in low carbon solutions, a key part of both Imtech and EDF Group strategies.
The combined expertise of EDF Energy, Dalkia and Imtech UK and Ireland will enable the company to apply the latest technologies and offer innovative services that deliver improved energy efficiencies at every stage in the life of industrial and commercial facilities – from initial design and build, operation and maintenance through to control of energy.
Within EDF Energy Services Imtech will retain its operational autonomy and will continue to run the business with its experienced management team. Aidan Robson, Partner at Endless commented that during its partnership with Imtech over the last two years the business had outperformed on every metric, demonstrating the strength of the team and business.
Imtech will also be looking to recruit new talent into the business to accommodate the acceleration in their strategy.
Vincent de Rivaz, CEO EDF Energy said:
“As the UK’s leading generator of low carbon electricity and a major supplier to businesses, the addition of Imtech is a significant step in the development of energy services and low carbon solutions for our valued customers. This agreement is a key element of our strategy for long-term growth and investment, and a further demonstration of our commitment and support for British businesses and industries.”
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