17 December 2019 | Marino Donati
NG Bailey has completed the acquisition of engineering and facilities firm Schneider Electric's Substation Engineering Services (SES) division.
NG Bailey said the acquisition provided an opportunity to extend its services in the electricity distribution network sector.
The acquisition will generate another £10 million of annual turnover and will see more than 70 employees join the NG Bailey Group from Schneider Electric.
The team will become part of NG Bailey's Services division and operate under the Freedom brand that was acquired in March 2018.
The SES division has been providing engineering capital replacement and hard FM maintenance services, particularly within utilities, for more than 10 years. It works primarily with electricity distribution network operators and private network owners across substations and networks.
NG Bailey chief executive David Hurcomb said: "Bringing the SES division into the NG Bailey fold provides a natural extension to the range of services we already offer, particularly engineering and maintenance."