NG Bailey acquires substation specialist

Mon, 16 Dec 2019 | DIVISION SALE

Building services contractor NG Bailey has acquired Schneider Electric’s Substation Engineering Services (SES) division.

Schneider is a provider of power engineering and facilities solutions, with its SES division operating as a provider of engineering capital replacement and ‘hard FM’ maintenance for over a decade.

The division largely works with electricity distribution network operators (DNOs) and private network owners across substations and networks, providing capital works and maintenance.

Its acquisition will add £10 million in annual turnover to NG Bailey, along with more than 70 of Schneider’s highly trained staff. With the acquisition, NG Bailey is able to widen its range of services within the electricity distribution sector.

Schneider Electric’s SES division will become part of NG Bailey’s services division and will operate under the Freedom brand, acquired by NG Bailey in March 2018. NG Bailey is headquartered in Ilkley, West Yorkshire, and operates sites across the UK.

Commenting upon the completion of the acquisition, David Hurcomb, NG Bailey chief executive, 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."

The transaction was led by Jonathan Stockton, NG Bailey Group strategy and performance director, with deal support from KPMG Transaction Services Director Nigel Hinchliffe, legal due diligence from Gareth Saynor of CMS, and tax diligence from Deloitte’s Head of Private Tax Andrew Coticelli.

Share this article

Latest Businesses for Sale

Measurement & Testing Company
Midlands, UK Wide

Provides comprehensive measurement and testing services to clients predominantly located throughout the UK. Services offered include torque and force instrument calibration, concrete testing, abrasion testing, diamond drill coring, plate bearing and...

Asking Price: Offers Invited
Turnover: £1,400,000


Mechanical, Electrical, Instrumentation, Civil Engineering Services & Scaffolding Solutions
North West, UK

The company specialises in a variety of mechanical and electrical engineering and scaffolding solutions, alongside an array of training courses. Currently provides services to circa 200 clients, approximately 80% of whom provide reliable, repeat busi...

Asking Price: Offers Invited
Turnover: £1,614,000


Provider of Fabrication Services
North East, UK

Provides a range of fabrication services, manufacturing specialist components for a diverse client base. Each process is overseen by the business, including design, project management and installation. Offered for sale to facilitate growth under the...

Asking Price: Offers Invited
Turnover: £3,100,000


View more businesses for sale

News Search

Latest News


Coronavirus Business Interruption Loan Scheme to cover business acquisitions | BUSINESS NEWS

The UK government has launched the Coronavirus Business Inte...


Tech group The Panoply acquires consultancy firm Ameo | BUSINESS SALE

Business consultancy firm Ameo has been acquired by AIM-list...


Addison Lee acquired by consortium of investors | BUSINESS SALE

Addison Lee Group, London’s biggest private care hire ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide


Related News


NG Bailey’s acquisition of Freedom boosts its turnover by 16 per cent | BUSINESS SALE

Engineering and services group NG Bailey’s strategic a...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources