What's Happening?
United Infrastructure has acquired Simkiss Group, a specialist in control systems and switchgear, to enhance its presence in the UK energy and utilities markets. The acquisition aims to broaden United Infrastructure's technical capabilities in power, energy, and utilities work. Simkiss Group, founded over 25 years ago and based in Rochdale, specializes in the design and build of control systems, control panels, and switchgear. The acquisition is expected to strengthen United Infrastructure's ability to deliver integrated engineering solutions for clients in regulated infrastructure markets. Neil Armstrong, chairman and chief executive of United Infrastructure, emphasized that the deal adds design and engineering expertise across the group's
energy and power activities, supporting their strategy of delivering more technical and integrated solutions.
Why It's Important?
The acquisition of Simkiss Group by United Infrastructure is significant for the UK energy and utilities sector, as it enhances the technical capabilities of United Infrastructure, allowing it to offer more comprehensive solutions to its clients. This move is likely to improve the efficiency and effectiveness of infrastructure projects, particularly in regulated markets. By investing in design and engineering expertise, United Infrastructure positions itself as a leader in providing end-to-end solutions, which could lead to increased competitiveness and market share. The acquisition also reflects broader trends in the utilities sector, where companies are seeking to expand their technical capabilities to meet growing demands for integrated solutions.
