Envoy is delighted to announce the major UK acquisition of ACIEM Group.
The acquisition – made via our engineering platform RSE (Ross-shire Engineering), which continues RSE’s drive to create sustainable local employment through its multi-market hedging approach – will see RSE take up a majority equity share in the business whilst retaining the key skills of the ACIEM Management Team.
ACIEM is a £14 Million revenue mechanical & electrical engineering business with experience of delivering clean and wastewater schemes in the UK. These range from small service jobs to complex design and build projects.
Envoy CEO Iain MacGregor commented:
We are delighted to welcome ACIEM into the RSE group of businesses. RSE have enjoyed great success exporting award-winning water treatment systems into the English market over the past year. To meet growing demand for the service it was key to bolster the management, engineering resources and trade level skills in the regions that RSE are experiencing growth. ACIEM is one of four acquisitions lined up for RSE in the coming year, which should take the company to over £100 Million in revenue.
Forty of ACIEM’s 60 staff are based in Leeds, close to the base of Saftronics, another recent RSE acquisition. RSE also announced the opening of a new 28,000 square foot manufacturing facility in Dewsbury.
RSE Managing Director, Allan Dallas, commented:
We expect the acquisition of ACIEM to further consolidate our position as leaders in our field. Against a backdrop of uncertainty in the Oil & Gas market, we continue to recruit skilled individuals from the sector locally in the Highlands, offering more predictable and longer-term employment prospects bolstered by our multi market approach and strategic acquisitions.
ACIEM have a strong reputation for smart engineering solutions, and they have a track record with multiple water authorities across England. We hope this will augment the export of our products and provide a deeper solution to the customer in these new territories for us. We have found in Scotland that combining products, projects and maintenance can enhance the value of our offering to the customer.