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16/03/2018

M Group Acquires PMP Utilities

M Group has completed its fifth acquisition in 15 months by taking over mechanical engineering business, PMP Utilities.

The company said the deal will enhance its range of complementary specialist essential infrastructure services that its businesses deliver to clients in the UK and Ireland.

PMP operates in challenging confined spaces and ‘at height' locations, as well as delivering mechanical engineering support, asset surveys, innovative pipeline leakage repair and emergency & rescue standby operations.

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M Group Services Chief Executive Jim Arnold said: "M Group Services is focused on achieving profitable growth both organically and through acquisitions that broaden our scope of expertise. The acquisition of PMP fits with that acquisition strategy perfectly.

"Its specialist services and expertise will enable M Group Services businesses to offer enhanced capabilities to their respective clients. We are delighted to welcome PMP to the M Group Services family."

PMP Managing Director Stephen Taylor added: "Our acquisition by M Group Services signals the next exciting phase of our continuing growth. We are now ideally positioned to benefit from the diverse range of new opportunities that becoming part of a broader infrastructure service provider group will bring and we look forward to working alongside the other M Group Services businesses."

(LM/MH)

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