Acquisition will spark further expansion for Powercor
Electrical and sustainable energy specialists, Powercor, has announced the acquisition of one of the South East’s leading electrical businesses, Osborne & Collins.
The acquisition, which will create a new entity ‘Powercor Maintenance, trading as Osborne Collins’ completed on 14 September and is viewed as another significant step in Powercor’s plan to increase its annual turnover to around £8 million by 2024.
The synergies between the two businesses will lead to a rapid and smooth integration with the significant benefits of the deal being quickly realised. Powercor will be able to offer Osborne & Collins clients an extended range of cutting-edge services.
Martin Brant has assumed the role of Operations Director, taking on responsibility for the day-to-day operations of the new entity.