DTGen to acquire Power Electrics Generators for undisclosed sum
Glasgow-based diesel and gas generator provider DTGen has agreed to acquire the sales and projects division of Bristol-based Power Electrics Generators (PEG), from its owners John and Andy Pullin.
The acquisition will add considerable capacity and expertise to DTGen and extends its national coverage across the UK, with locations in Scotland, the Midlands and now the south. There are plans to continue investing significantly in the business to further build on its national footprint.
PEG is widely recognised as one of the most experienced generator sales specialists in the UK. It sells, commissions and installs generators to a blue-chip customer base in the datacentre, industrial and utilities sectors.
Bringing two of the UK’s most established generator specialists together creates one of the largest dedicated generator companies in the UK with turnover in excess of £30m and more than 100 employees across the three locations.
Paul Moore, chairman at DTGen said: “This is an exciting development for our business, and for the wider generator industry. We’re creating a truly national generator business of scale, and this deal will accelerate our expansion throughout the UK.
“Our businesses have known each other for a long time, we operate with similar values and we’re looking forward to supporting our customers with their power requirements.”
Andy Pullin, owner director at PEG, added: “This is the start of an exciting new chapter for PEG. There is a great fit with DTGen which has a clear strategy for growth in the UK generator market. It will be able to make further investment in our people and capabilities - supporting our customers on a more national basis, whilst still retaining the specialist nature of our business.”