Clearwater International advises Imtech on its sale to EDF Energy Services
Clearwater International has advised the shareholders of Imtech UK and Ireland (Imtech), including Endless LLP, on the sale of the business to EDF Energy Services. EDF Energy Services is a joint venture between EDF Energy and Dalkia. Imtech is a leading engineering services company and one of the largest providers of technical services to construction, industrial, commercial and public sector clients in the UK and Ireland.
Imtech employs over 2,100 people, generating revenues of over €450m per year delivering mechanical and electrical engineering services, technical operation and management of facilities, and the integration of digital control solutions.
Backing and expertise from the EDF Group will enable Imtech to continue to deliver high quality services for new and existing clients and support its growth across all its business, including in low carbon solutions, a key part of both Imtech and EDF Group strategies.
The combined expertise of EDF Energy, Dalkia and Imtech will enable the company to apply the latest technologies and offer innovative services that deliver improved energy efficiencies at every stage in the life of industrial and commercial facilities – from initial design and build, operation and maintenance through to control of energy.
Within EDF Energy Services Imtech will retain its operational autonomy and will continue to run the business with its experienced management team, providing strong leadership as they have done successfully for many years. Imtech will be looking to recruit new talent into the business to accommodate this acceleration in their strategy.