The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

NG Bailey's Freedom Acquires Fundamentals Limited

NG Bailey's Freedom Acquires Fundamentals Limited
05 January 2021
 

Freedom, an NG Bailey Group company, is extending its engineering and services capabilities with the acquisition of the HV Services division of Fundamentals Limited

The HV Services division will join the Freedom Networks business unit.

NG Bailey is the UK’s largest independent engineering, facilities & infrastructure services and IT services business.

 

Extending Services to Include HV Maintenance and Renewable Energy

 

The acquisition provides an excellent opportunity for Freedom to extend its range of services in the electricity distribution network sector, including HV maintenance and renewable energy sectors. It also allows Fundamentals to re-focus its service activities on its core business of grid voltage control and a developing technology portfolio.

The acquired HV Services team brings expertise in the electricity generation, transmission and distribution sectors. The team has over 40 years’ experience working on mission-critical assets across the entire voltage range. Their customers include distribution network operators (DNOs) and private network clients throughout the UK.

As part of the acquisition, 12 highly skilled employees will join the Freedom business.

Peter Jones, Managing Director at NG Bailey Services, said: “Bringing the Fundamentals Limited HV Services division into the Group provides a natural extension to the range of services we already offer – particularly in-network services and HV maintenance”.

Jon Hiscock, Managing Director of Fundamentals Ltd, added: “This transaction is part of our strategy to become an international technology business and secures a good future for the HV Services team whose extensive skill, knowledge and experience will complement that of Freedom”. 

Picture: a close-up photograph of a person wearing a branded Freedom jacket 

Article written by Ella Tansley | Published 05 January 2021

Share



Related Articles

Adept Corporate Services Acquires Agilis Lux

FM business Adept Corporate Services has acquired Agilis Lux Ltd, provider of specialist engineering and technical services. The acquisition creates a new company...

 Read Full Article
Bellrock Acquires MW Lift Services

Bellrock has acquired the County Durham-based lift engineering and maintenance company MW Lift Services. MW Lift Services will join Bellrock’s Critical...

 Read Full Article
Opera National Hygiene & Catering Supplies Merges With Sybron

Two UK cleaning equipment suppliers, Sybron and Opera National Hygiene & Catering Supplies, have completed a merger.  The combined business will now operate...

 Read Full Article
Mecsia Acquires The Drain Group

Technical services provider Mecsia has completed its acquisition of The Drain Group, a drainage specialist operating across the West Midlands. The Drain Group will...

 Read Full Article
Apleona Acquires Smart Energy Group

The Apleona Group has acquired the Cologne-based Smart Energy Group from EOS-Partners. The acquisition means Apleona adds electrical engineering and HVAC to its range...

 Read Full Article
Kingdom Group Acquires Crystalcare Facilities Services 

Kingdom Group has acquired Crystalcare Cleaning Services, adding approximately 320 clients and 720 employees to the group. Crystalcare will be rebranded...

 Read Full Article
Apleona Acquires Hampshire-Based FM Company

Apleona has acquired Corrigenda, a technical facilities management company based in Fareham, Hampshire.  Corrigenda provides technical and energy management...

 Read Full Article
Saltire Facilities Management Acquired by Daikin

Saltire Facilities Management, one of the largest gas central heating and electrical firms in Scotland, has been acquired for an undisclosed sum by Daikin Airconditioning...

 Read Full Article
Mecsia Group Acquires Ashley & McDonough Compliance Services

M&E maintenance provider Mecsia has acquired Ashley & McDonough, a Northwest-based compliance, maintenance, and installation services specialist in the...

 Read Full Article
BNP Paribas Finalises Acquisition of AXA Investment Managers  

AXA has sold its investment arm to BNP Paribas Cardif for cash proceeds of €5.1 billion. BNP Paribas Cardif is the insurance subsidiary of BNP Paribas, and has...

 Read Full Article