Announced
Completed
Financials
Sources
Tags
United Kingdom
Domestic
Completed
Friendly
Single Bidder
Energy / Utility Services
Acquisition
power engineering
Majority
Private
Synopsis
M Group, a service provider to the regulated infrastructure markets in the UK, completed the acquisition of the UK Power business of Babcock International Group, a British aerospace, defence and nuclear engineering services company, for £50m. "I’m delighted that we continue to make real strides in delivering our plan of streamlining the Group. The business is a great fit for M Group Services, and I wish them every success as they continue to grow their operations," David Lockwood, Babcock CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.