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Prospects enhanced by acquisition
The acquisition of mechanical and electrical engineering specialists, AC Chesters, further enhances May Gurney's expertise in the water utilities sector - and its prospects for the next regulatory review period (AMP 5).
David Sterry, Chief Executive of May Gurney, said: "Our two companies have very similar cultures that are focused upon innovation, service quality and the importance of developing long-term customer relationships.
"Our two companies have very similar cultures."
David Sterry |
"In addition, AC Chesters brings specialist expertise to our business that will improve our ability to win new business and to continue to deliver value for our water utilities customers. The existing experienced AC Chesters management team will remain in place, headed up by Nick Chesters, and the company will be fully integrated into May Gurney over the coming months."
Nick Chesters, Director of AC Chesters added: "My team is very much looking forward to becoming part of May Gurney. The combined skills and resources of a larger group position us to play a more significant role in helping our customers deliver their investment programme over the coming years and in exploiting this growth market."
"My team is looking forward to becoming part of May Gurney."
Nick Chesters |
May Gurney provides a range of network maintenance and enhancement services to many of the major UK water companies including South West Water, Severn Trent Water, Essex & Suffolk Water, Scottish Water, Anglian Water, United Utilities and Thames Water.
The acquisition of AC Chesters deepens May Gurney's offering in water utilities mechanical and electrical services, complementing its existing business relationships.
David Sterry concluded: 'We are delighted to welcome a company whose long-term customer-focused approach is aligned to ours.
"This acquisition meets with our strategy for building the business. It complements our strong and established presence in the water utilities sector and positions us well in advance of the next regulatory review period."
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A sustainable approach
May Gurney's stated goal of 'Being the best' construction and support services company is accelerating its progress in working with customers to develop more sustainable ways of doing business.
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CIWM Conference 2008
10-13 June
Torbay, Devon
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2007 - an award-winning year more >
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