SCOTTISH GENERATOR FIRM BUYS ENGLISH RIVAL
Milngavie-based generators business DTGen has agreed to acquire the sales and projects division of Bristol-based Power Electrics Generators (PEG), from owners John and Andy Pullin.
The deal adds capacity and expertise, while extending DTGen national coverage across the UK, with locations in Scotland, the Midlands and now the South. There are plans to continue investing significantly in the business to further build this geographical reach.
Bringing two of the UK’s most established generator specialists together creates one of the largest dedicated generator companies in the UK, with turnover in excess of £30m and more than 100 employees across the three locations.
Paul Moore (pictured above), chairman at DTGen, said: “We’re creating a truly national generator business of scale, and this deal will accelerate our expansion throughout the UK.
Our businesses have known each other for a long time, we operate with similar values and we’re looking forward to supporting our customers with their power requirements.”
Since 2010, DTGen has been supported by Nevis Capital.
Operating from its 6.3-acre head office facility with an 80,000 sq ft warehouse space accommodating workshops, a parts distribution depot, the biggest load test cell in the country, as well as the largest stock of generators in the UK and a temporary power fleet.
PEG sells, commissions and installs generators to a customer base in the data centre, industrial and utilities sectors.
Andy Pullin, director at PEG, said: “There is a great fit with DTGen which has a clear strategy for growth in the UK generator market.
It will be able to make further investment in our people and capabilities – supporting our customers on a more national basis, whilst still retaining the specialist nature of our business.”
