Construction News

05/05/2011

Imtech Acquires Smith Group

Imtech, technical services provider in Europe, has announced it has acquired the British technical services provider Smith Group UK Limited.

Through the combination of its technical core competences electrical services and mechanical services, energy and climate technology, Smith Group UK specialises in providing multidisciplinary technical services. With over 270 permanent employees, Smith Group UK Ltd realises over 70 million euro in revenue annually.

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Recently, Imtech also acquired the British technical maintenance specialist Inviron.

Jim Steele, General Manager, Imtech UK & Ireland, said: "The acquisition of Smith Group UK Ltd fulfils our UK strategy to provide our clients with a full technical services offer across all geographic areas of the UK. The requirement of clients and main contractors for solid, financially strong M&E contractors supported by innovative technical engineering practices is ever increasing in the competitive market we operate in. The ability of Imtech to deliver locally while bringing group innovation and learning practices to the table, whether UK or European, sets us apart from our competitors."

(CD)

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