Envoy’s cornerstone growth company RSE has announced its fourth acquisition in twelve months, securing a majority investment in Darlington-based Sheers.
The company is a leading provider of modular chemical dosing and control systems for the water, chemical and energy sectors. When added to RSE’s existing facilities in Scotland and Basingstoke, Sheers consolidates RSE as the UK’s largest chemical dosing manufacturer to the UK municipal water market.
“We believe this will be important as the UK gears up for a wave of demand in the next 5-10 years.”
Commented Iain MacGregor, Envoy’s CEO.
“Increased regulation is heightening the requirements to engineer solutions that are good for the environment and cost effective. The use of chemical dosing to remove phosphorous from wastewater is one application that is expected to experience high demand in the coming years.”
“The addition of Sheers will ensure RSE have the technical talent and physical capacity to scale up to these needs as they emerge.”
RSE is an engineering group that specializes in Water Treatment & Clean Energy Solutions. Its 950+ staff are skilled in the design, engineering, and delivery of mechanical, electrical and automation services to the UK water sector.
Chemical Dosing is one specialist division of RSE that has attracted buy-and-build investment since the formation of Envoy in 2019. The company also invested in Basingstoke-based chemical dosing company WES in July 2020.
Envoy is backing a buy and build strategy to establish RSE as the UK’s largest specialist MEICA contractor to the water sector nationally. (MEICA: Mechanical, Electrical, Instrumentation, Controls & Automation). The first phase of this is targeting a £250 Million turnover enterprise, selling market leading technical solutions to water authorities and their tier one partners throughout the UK. Sheers is expected to be the first of four acquisitions lined up in 2021.