Global sustainable solutions group RSK has acquired Scottish mechanical, electrical and manufacturing company WGM Engineering.
The Glasgow-based family business was established in 1986. Today, a team of 365 supports turnkey solutions to clients countrywide.
The business recently developed a renewables capability to support its own and its clients' net zero ambitions. Supplementing WGM’s in-house service capabilities are project management, technical engineering, design, electrical vehicle charging and off-site modular building.
Its client base includes Scottish Water, BP Pulse, Scottish Gas Networks and Arnold Clark, with recent projects including a £20m capital upgrade of Dalmarnock Wastewater Treatment Works and the delivery of the electric vehicle infrastructure for Police Scotland.
WGM’s annual turnover in its last financial year is £45m.
Managing director Ian Mathieson said: “RSK, with companies such as Binnies and MWH Treatment, has become a real powerhouse in the water sector, so we are looking forward to working closely with the companies within the RSK family as WGM enters this new chapter of its development and growth.”
RSK group chief executive Alan Ryder said: “Our acquisition of WGM Engineering is testament to the skill, experience and work ethic which has seen the company attract a high-profile client list to whom WGM is a trusted partner.
“This commitment to excellence and an abiding ambition to develop the business further and enhance employee skills to encompass renewables and emerging technologies makes WGM an excellent fit for RSK family.”
RSK is now comprised of more than 175 companies, employing around 10,000 people. The group’s annual turnover at the end of this year is expected to be in excess of £800m; more than double the previous year.
The acquisition advisors supporting WGM were French Duncan and Brodies.
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