SCOTTISH POWER GENERATION FIRM DTGEN ACQUIRES POWER ELECTRICS GENERATORS (PEG)
PRESS RELEASE: Milngavie-based generators business DTGen has agreed to acquire the sales and projects division of Bristol-based Power Electrics Generators (PEG), from owners John and Andy Pullin.
The deal should add capacity and expertise, while extending 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 this geographical reach.
PEG sells, commissions and installs generators to a customer base in the data centre, 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: “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, director at PEG, said: “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.”
Since 2010, DTGen has been supported by Nevis Capital.
Operating from its 6.3-acre head office facility, DTGen's 80,000 sq ft warehouse space accommodates workshops, a parts distribution depot, the biggest load test cell in the country, as well as the largest stock of generators in the UK and a temporary power fleet.
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