EnerMech, a start-up company formed by the former directors of PSL Energy Services, has marked its entry into the mechanical services market with a double acquisition.

EnerMech, a start-up company formed by the former directors of PSL Energy Services, has marked its entry into the mechanical services market with a double acquisition.

EnerMech has snapped up the UK’s second largest independent crane and lifting contractor, Specialist Maintenance Services in Aberdeen, and Great Yarmouth based training provider, A1 Safety Training Consultants.

The acquisitions, the value of which are not being disclosed, brings EnerMech’s payroll up to 200. There will be no job losses and senior staff, including managing director Rod Leech and general manager Phil Caton, will remain with the new company, which will trade under the name EnerMech-A1.

EnerMech was set up by former PSL owners Doug Duguid, Michael Buchan, Derek Grant and Phil Bentley, with a combined capital investment of more than £30 million from the four shareholders and private equity firm Lime Rock Partners.

EnerMech managing director, Doug Duguid, said:

“These two deals are very good news for the staff and customers of SMS and A1. Our management team has a strong record in dynamic, but managed growth and we are looking forward to bringing all that experience to bear in growing these new additions to the EnerMech stable.

“With more than £30 million at our disposal we have the resources to substantially grow these businesses through a combination of capital investment, rolling out new services and further acquisitions.

“The market segments we are targeting are quite fragmented and we have identified gaps where we think we can offer a lower cost and more responsive service than is currently being provided. We plan to deliver a much greater level of engineering and technical support than our competitors can offer.”