Actavo makes US acquisition
Engineering solutions provider Actavo has bought Atlantic Engineering Group, marking its first foray into the US market.
29th March 2016 by Networks
Actavo says that the move will enhance the services it currently offers to clients in the UK and Ireland as well as further afield, bringing specialist capabilities in design engineering, field services, geographic information systems and, crucially fibre optic technologies for energy networks.
The acquisition also signals Actavo’s ambition to become a dominant player in the growing network services sector in North America. Actoavo chief executive TJ Malone described it as a “red letter day” for the company and added that he was confident Actavo would soon become “a formidable presence in North America”.
Actavo operates in over 100 locations internationally but has not previously had a US presence. It employs around 5,000 staff worldwide. In addition to offering services to energy network operators it also works with telecommunications and civil engineering sectors.
Comments
Login on register to comment
Related content
Strategy & Management
Utility Week launches Network Excellence hub
Network magazine will cease operation as Utility Week creates exciting new home for technical, operational and innovation-related networks stories
Heat
Electric storage heating – a Cinderella solution
Why has electric storage heating been overlooked as we seek to tackle decarbonising domestic heat?
Heat
Prospects bright for landmark East London Heat Network
New Vattenfall-Cory partnership marks step towards record-breaking heat network capable of serving over 10,000 homes
Related supplier content
Downloads
How will Energy Storage be deployed?
How will Energy Storage be deployed? While there's a myriad of possible approaches to the deployment of energy storage
Downloads
Network media information and marketing options
Network is the first and only magazine dedicated to engineering leaders in the UK's gas