EDF Energy Services Acquires Imtech

  • Acquisition contributes to the successful delivery of EDF’s long term strategy, strengthening its reach throughout the UK
  •  The deal will enable Imtech UK and Ireland to accelerate the development of its services, responding to market trends and new technologies
  •  Combined expertise will help clients access a wider range of innovative solutions
  •  EDF Energy Services  is a joint venture between EDF Energy and Dalkia

EDF Energy Services, a joint venture between EDF Energy and Dalkia, has agreed to acquire Imtech UK and Ireland from Endless LLP. 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. Completion of the deal is subject to merger control clearance from the European Commission.

Imtech 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.

Backing and expertise from the EDF Group will 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.

Within EDF Energy Services Imtech will retain its operational autonomy and will continue to run the business with its experienced management team providing strong leadership as they have done successfully for many years. Imtech will be looking to recruit new talent into the business to accommodate this 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. “We are delighted to welcome the 2,100 employees of Imtech. There is a close fit between the two businesses with our shared passion for safety, innovation, digital solutions and quality of service for customers.”

Sylvie Jehanno, CEO of Dalkia: ”Thanks to this acquisition, we are excited to welcome the skilled and experienced Imtech teams to EDF Energy Services. Their existing customer relationships will provide a solid platform from which we can continue to grow the business. I am convinced that our combined expertise will enable us to continue to support our customers and develop innovation and digital solutions for their benefit”. “The acquisition of Imtech UK and Ireland by our joint venture is another major step towards meeting our international growth ambition.”

 

About Imtech:

Imtech is one of the foremost technical service providers in the UK and Ireland, with extensive expertise and experience in mechanical and electrical engineering services, technical facilities management and systems integration. With an annual turnover of more than £400m, 2100 employees and more than 20 years of market experience Imtech has the financial capability, range and technical expertise to meet all its clients’ needs, from consultancy and design of mechanical and electrical systems through to the installation and whole-life maintenance and management of these assets.

Imtech’s areas of expertise include:

·       Design and build, mechanical and electrical works through Engineering Services and Suir in Ireland.

·        Technical facilities management services via Imtech Inviron.

·        Real-time business information, systems integration and digital engineering through Capula.

http://media.edfenergy.com/r/1248/edf_energy_services_acquires_imtech

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