Announced
Completed
Financials
Sources
Tags
United Kingdom
Majority
water energy
Friendly
Private
Single Bidder
Specialty Contracting
environmental engineering
Domestic
Acquisition
Completed
Synopsis
Renew Holdings, an engineering services group supporting the maintenance and renewal of critical UK infrastructure, completed the acquisition of Enisca Group, a multi-disciplinary engineering business operating in the water and environmental sector with headquarters in Cookstown, Northern Ireland, for £15.6m. "This acquisition broadens Renew's exposure to the UK water market and is consistent with our stated strategic objectives. Enisca is a highly regarded business with a strong track record and is well known to Renew having been a joint venture partner of Browne since the start of AMP6 in 2015. Our existing multidisciplinary water capability, complemented by the inclusion of Enisca will significantly enhance Renew's proposition ahead of AMP8 procurement in 2024. I am delighted to welcome the management and staff of Enisca to the Renew family," Paul Scott, Renew CEO.
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