Completion of Acquisition

Summary by AI BETAClose X

Amcomri Group plc has successfully completed the acquisition of the National Compliance and Testing division of Enerveo's Infrastructure Solutions business through its subsidiary, GridCore Electrical Services Limited. This strategic acquisition, previously announced on March 27, 2026, signifies a key step in Amcomri's 'Buy, Improve, Build' strategy within the UK and Ireland's specialist engineering services and industrial manufacturing sectors. The completion follows the satisfaction of all customary conditions, positioning Amcomri for potential growth and integration of these new assets.

Disclaimer*

Amcomri Group PLC
01 June 2026
 

 

Amcomri Group plc

("Amcomri", the "Company" or the "Group")

 

Completion of Acquisition

 

Further to the announcement on 27 March 2026, Amcomri Group plc (AIM: AMCO), the 'Buy, Improve, Build' UK and Ireland focused, specialist engineering services and industrial manufacturing group, is pleased to announce that the acquisition by its subsidiary, GridCore Electrical Services Limited, of the business and assets of the National Compliance and Testing division of the Infrastructure Solutions business of Enerveo (a subsidiary of SSE plc), has completed, following the satisfaction of the required customary conditions.

 

 

Enquiries:

 

Amcomri Group plc

Via Walbrook

Hugh Whitcomb, Chief Executive Officer

Mark O'Neill, Chief Operating Officer

Tel: +44 (0)20 7933 8780

Siobhán Tyrrell, Chief Financial Officer

Katy Birkin, Director of Corporate Development

 

 

Cavendish Capital Markets Limited

Nominated adviser and broker

Tel: +44 (0)20 7220 0500

Adrian Hadden/Callum Davidson/Isaac Hooper - Corporate Finance

 

Michael Johnson/Jasper Berry/Andrew Burdis - Sales/Broking

 

 

 

Walbrook PR Ltd

Tel: +44 (0)20 7933 8780

Tom Cooper/Nick Rome

amcomri@walbrookpr.com



 

To find out more, please visit: www.amcomrigroup.com

 

Notes to Editors:

 

Amcomri is a "Buy, Improve, Build" group focusing on acquiring, integrating and enhancing specialist engineering services and industrial manufacturing businesses in the UK and Ireland. The Group provides niche technical services and products to a diverse range of industrial sectors and markets and has a significant focus on major infrastructure, transportation and energy companies.

 

The Group currently operates through the following two divisions:

 

·      Embedded Engineering Division: provides specialist technical and engineering services for major industrial, infrastructure and transportation clients, typically with complex technical needs and undertaken in operating environments where safety and compliance performance are critical requirements. The division predominantly provides engineering services and support for their clients' capital intensive, mission-critical assets such as high voltage electrical transmission systems, petrochemical and continuous process operations, and large power generation plants.

 

·      B2B Manufacturing Division: focuses on selective niche B2B markets or businesses, where the Group has identified an opportunity to achieve enhanced financial performance by leveraging an initially strong competitive market position that can subsequently be enhanced by the Group's industrial business improvement capabilities.

 

The Group operates across a diverse range of sectors and markets, including industrial, infrastructure and mass transportation. The Group deploys a structured "Buy, Improve, Build" strategy with a track record of value enhancing acquisitions in the industrial environment. It has a particular focus on leveraging the Group's experience and track record relating to acquisitions arising from owner manager 'retirement' situations, where there are often no, or limited, alternative plans for succession in the business

 

The Group has been created through a series of 19 successful acquisitions, comprising 15 operating companies and 4 bolt-on asset/business purchases, each of which has been integrated into the Group. Post acquisition, the Group has a strong focus on facilitating and supporting its operating companies with organic growth initiatives, and the Group's businesses are well placed to take advantage of generally positive and resilient conditions in their respective niche end markets.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings