EDF Energy Services has acquired engineering firm Imtech for an undisclosed sum from investment company Endless.
Imtech’s activities include the installation and maintenance of mechanical and electrical infrastructure projects as well as the operation and management of facilities. The company employs more than 2,100 people and generates annual revenues in excess of £400 million.
EDF Energy Services is a joint venture between EDF Energy and French energy services firm Dalkia. In a statement, EDF Energy said collaboration between itself, Dalkia and Imtech will enable the latter to offer innovative products and services which “deliver improved energy efficiencies at every stage in the life of industrial and commercial facilities”.
It said Imtech will “retain its operational autonomy” following the merger.
“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, said EDF Energy chief executive Vincent de Rivaz.
“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.”
Imtech chief executive Paul Kavanagh commented: “We are delighted to become part of the EDF family… By combining forces with EDF Energy Services, we have secured greater capability to respond to the future needs of our customers, and will be able to design and deliver innovative solutions.”