Freedom, an NG Bailey Group subsidiary, has extended its engineering and services capabilities through the acquisition of the HV Services division of Fundamentals Limited.
The HV Services division will join the Freedom Networks business unit.
The purchase gives Freedom the opportunity to extend its range of services in the electricity distribution network sector, including HV maintenance and renewable energy sectors.
It also enables Swindon-based power systems technology specialist Fundamentals to refocus its activities on its core business of grid voltage control and a developing technology portfolio.
The HV Services team brings Freedom 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. Its customers include distribution network operators and private network clients throughout the UK. As part of the acquisition, 12 employees will join the Freedom business.
Peter Jones, managing director of 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.”.
Image credit | Freedom