Going for growth July 1st 2007 In a deal concluded on 8th May
2007, national maintenance
services provider The Deritend
Group acquired gearbox and
power transmission specialist RMB
Engineering Services. The deal
extends the scope of Deritend's
business with additional
machining, fabrication and
engineering capacity. New service
branches in Dundee,
Middlesbrough and West
Bromwich also increases the
group's geographical coverage.
"This acquisition is part of
Deritend's strategy to enhance its
mechanical engineering skills
base, underpinning plans to move
the Deritend Group further into the
provision of onsite engineering
solutions. RMB strengthens these
capabilities particularly in respect
to gearboxes, machining,
fabrication and distribution.
Deritend will continue to search for
acquisitions that complement the
Asset Management and Energy
Efficiency strategy that drives the
company's growth," says Richard
K. Hale, Deritend's MD. More articles from Deritend Group Ltd: |