Investment company Svella Plc, which owns and operates civil infrastructure firm Svella Connect, has today acquired two Aberla Group business operations from administrators – Aberla Energy and Aberla Utilities, safeguarding 19 jobs in Warrington (Cheshire, England).
The name Svella Connect should be familiar to some of our readers. The business gobbled up UK civil engineering firm NMCN after its collapse last year (here), which initially caused some disruption for several impacted broadband infrastructure deployments by Virgin Media and CityFibre etc.
Similarly, Aberla Utilities has also been involved in rolling out new full fibre infrastructure, such as part of the 5-year contract that they signed last year to deliver Fibre-to-the-Premises (FTTP) broadband across around 38,000 homes in the Cheshire town of Crewe with network operator Digital Infrastructure (ISP BeFibre).
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Under today’s deal, the Aberla Energy business (7 employees), which specialises in delivering renewable technologies and integrated energy generation solutions, will continue as a standalone trading entity under its Svella Infrastructure division. Meanwhile, Svella Plc has also acquired the rights to and interest in fibre network infrastructure business Aberla Utilities, including title in contracts with two new customers.
Operations will merge with portfolio company Svella Connect, a telecoms infrastructure provider, bringing new strategic capability around network survey and design, fuelling opportunities for continued growth in the sector. Some 12 employees will transfer to Svella Connect as part of the deal.
Lee Marks, Director at Svella Plc, said:
“We are delighted to have safeguarded 19 skilled roles in sectors with significant growth potential and we welcome Aberla employees to the Svella family.
The rising cost of fuel, global focus on decarbonising transport and the expansion of electric vehicle infrastructure across the UK means the acquisition of Aberla Energy is of strategic significance to Svella Plc.
Its service proposition is complementary to Svella Connect and allows us to leverage our digital infrastructure expertise to target growth in the fast-developing electric vehicle charging market.
Aberla Utilities has strong capability and expertise in network design, which is a great strategic fit and really bolsters Svella Connect’s current customer offering.
With the industry ramping up to deliver Government targets around full-fibre and EV charging, these acquisitions will create exciting commercial opportunities in line with our vision for long-term, sustainable growth.”
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