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Parsons Peebles Group further enhances their UK electromechanical service capability
5th April 2016
Parsons Peebles Group, a Clyde Blowers Capital company, is pleased to announce the acquisition of the Reading headquartered, Taylor & Goodman Ltd. Taylor & Goodman are a fast growing provider of electromechanical services predominantly to the water sector with three UK facilities.
The acquisition, which was finalised on 31st March, provides the Parsons Peebles Group (PPG) with expanded product and service capabilities and a network of UK locations which now numbers 13 in the UK. This acquisition comes on the back of PPG’s integration of Anstee & Ware into the Group in October last year and truly places PPG as a leading UK electromechanical services provider.
Frank Barrett, CEO of the Parsons Peebles Group, commented, “I’m excited to welcome Taylor & Goodman into our Group. This acquisition gives us excellent local presence in the South East and an impressive list of blue chip clients to add to our growing customer base. We’re particularly happy to offer an enhanced list of site and project services through the over 60 skilled members of T&G that have just joined us.”
“This acquisition demonstrates our intent to become the no.1 UK supplier of electromechanical services. We now have an extensive LV to HV electrical new build and service offering which is complemented by capability on pumps, gearboxes, compressors and other mechanical equipment. PPG now offers even broader electromechanical service agility backed up by OEM credibility and over 340 UK employees.”
Pete Ryder, Managing Director of Taylor & Goodman, further added, “Taylor & Goodman has enjoyed excellent growth in last few years and we’re very enthusiastic about the further expansion plans PPG have for us within their Group. Under new ownership I’m satisfied T&G will be able to secure further success with the major water utilities, industrial customers and others with the broader offering and customer access we’ll now enjoy.”