NG Bailey buys £120m power engineering contractor
NG Bailey has bought Wakefield power engineering services contractor the Freedom Group.
The £120m revenue contractor employs around 600 staff delivering works for the growing electricity distribution market.
The expanded M&E services business will have an annual turnover of more than £600m and employ 3,600 people.
Freedom works primarily for power companies across substations, overhead lines, underground cables, buildings and associated infrastructure.
Its key customers include Northern Powergrid, UK Power Networks, Scottish Power, Electricity North West, Yorkshire Water and the Port of Felixstowe.
Published in Construction Enquirer, 4th April, 2018