• • • NEWS • • •
Yorkshire Building Services acquired in MBO deal
ne of the North of England’s leading mechanical and electrical solutions providers has been acquired in a management buyout deal.
O Birstall-based Yorkshire Building
Services, which was founded in 1992, predominantly works in the commercial and industrial sectors. The company’s 65-strong team works for clients throughout the UK providing a full range of mechanical heating, ventilation, air conditioning systems, electrical installations, building management and maintenance services. The buyout was led by David Broadhurst and Mark Peat, who are now both majority shareholders in the business, along with Tim Anderson and Darren Hill, who have also increased their share. Mr Broadhurst joined the firm when it was established in 1992 and Mr Peat, Mr Anderson and Mr Hill have all worked there for more than 10 years and offer over 90 years of combined industry experience.
Former directors, Andrew Sutcliffe and Paul Harrison, who themselves completed a management buyout of the firm in 2007, will continue to work in the business for the foreseeable future. Mr Broadhurst said: “Over the last 30 years, Yorkshire Building Services has established a superb reputation for the breadth of projects we work on and the practical approach to the design and innovative engineering solutions that we offer.
“Our extensive client base now includes the likes of M&S, Waitrose & Partners, Morrisons, Royal Mail and a recent introduction into public sector work. “The buyout comes at a time when the business is thriving, and we are working on a vast range of exciting and innovative projects throughout the UK including DWP Job Centres, HSBC data centres, MOJ covid reduction works and local authority leisure centres.”
Fuse Rail will continue to operate under its current branding and management team and Sisk said its acquisition will provide excellent opportunities for growth for the business. Nick Culshaw, managing director of Sisk Rail, said: “Well done to all involved in making this deal happen. We look forward to working closely with the team in Fuse to help them grow and seek out new opportunities. This is a very exciting time for Fuse and Sisk Rail. Fuse Rail is a very strong complimentary fit with Sisk in terms of culture, focus on people and delivering excellence for customers.” Dave Saunders, managing director of Fuse Rail, added: “We are delighted to have joined the Sisk business and look forward to continuing to deliver for our clients. “From day one we knew there was a good fit with the people we have met as part of this process. Being part of the Sisk Rail business will open opportunities for us in our business and thanks to all my team who have worked really hard to get us over the line.” Fuse Rail is a specialist company servicing electrification and plant requirements within the rail industry, delivering delivers specialist mechanical, electrical and construction projects, while maintaining the highest safety, health, environmental and quality standards.
Sisk acquires Fuse Rail J
amlite Lighting, a leading independent lighting manufacturer, said retrofitting outdated lighting systems will be key to improving energy use as businesses face increasing operational costs. The company’s comments come at a time when energy prices are predicted to remain high for the next 18 months to two years. Debbie-Sue Farrell, Tamlite’s marketing and wellbeing manager, said that with the emphasis on innovative energy efficient technologies, many will have forgotten the impact simple building system upgrades can have when it comes to reducing energy consumption and operational costs.
By replacing outdated lighting with modern LED systems, coupled with intelligent control systems, buildings can be made more efficient, generating savings of between 60-80%.
electricalengineeringmagazine.co.uk
Retrofit lighting key to energy saving and carbon reduction T
ohn Sisk & Son has acquired Kent-based Fuse Rail to complement its existing rail business in the UK.
With electricity for lighting accounting for approximately 15% of global power consumption and 5% cent of worldwide greenhouse gas (GHG) emissions, such upgrades can also reduce carbon emissions as part of wider sustainability efforts. Ms Farrell said: “Lighting is a huge source of energy consumption, and small changes can make a big difference. All too often building owners and operators are forgetting the simple steps that can play a pivotal role in saving energy and reaching ambitious climate targets. “By replacing outdated lighting with modern LED systems, it cost effectively reduces energy use and carbon emissions. With an increasing need for building systems to perform both effectively and cost-effectively, such upgrades are easy to do and should be seen as a key component of any energy saving and decarbonisation plan.”
ELECTRICAL ENGINEERING • FEBRUARY 2022 9
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