M Group Services continues to expand with the acquisition of Z-Tech Control Systems
Posted: 16th December 2021
M Group Services (‘the Group’), a leading provider of services to essential infrastructure markets in the UK and Ireland, completed the acquisition of the Electrical Control & Instrumentation ("EC&I") specialist, Z-Tech Control Systems (‘Z-Tech’), that provides mission-critical services to the UK's Water, Energy and Rail industries on 16 December 2021.
Z-Tech, with around 230 employees and a revenue of £20m, provides design, project management, commissioning, repair and maintenance services primarily to the UK’s water, energy and rail industries. Z-Tech have long-term, established relationships across the sectors in which they operate including with Thames Water, Uniper and Transport for London.
Z-Tech is the latest addition to the growing number of technically enabled businesses within M Group Services, which means the Group are increasingly able to provide services to their clients which includes complete end-to-end delivery of technical and complex projects.
Jim Arnold, Chief Executive M Group Services, commented: “We are delighted to expand our Water Division with the acquisition of Z-Tech. The capabilities and reputation that Z-Tech bring with them, coupled with the skills we already have within the Group, (with businesses such as IDS and Magdalene), means we are able to provide even more specialist technical services to our clients. Our footprint across multiple sectors means that many of our operating businesses and their clients will also be able to benefit from Z-Tech’s skills and knowledge, which also provides new opportunities for Z-Tech to grow as part of the Group.”
Angela Nilsson, Managing Director of Z-Tech, added: “We are excited to join the MGS family and look forward to working collaboratively with other businesses in the Group. With the additional support of MGS, we will be able to deliver the full range of MEICAT (Mechanical, Electrical, Instrumentation, Control, Automation & Telemetry) services, enabling us to provide additional value to our clients, and meet our ambitious growth plans."
The acquisition of Z-Tech takes the total number of strategic acquisitions made by M Group Services to 14 since December 2016.