Stage Electrics grows with acquisition
- Details
On sharing the news with colleagues, Dave Coull, chief executive officer of Stage Electrics Group, told them, "Additional to our continuing, solid growth as a group organically, I'm delighted to announce the acquisition of Just Rigging & Inspections Scotland, which further accelerates our growth trajectory.
“The addition of Just Rigging & Inspections Scotland not only complements the existing services we're able to provide our valued customers, but it also represents an opportunity to expand the services we can offer to current and new clients."
Coull added, "I'm looking forward to collaborating with the Just Rigging & Inspections Scotland Ltd talented team and welcoming them into the Group. I'm confident that this acquisition will provide exciting opportunities for the enlarged Group and its people and that, together, we'll continue to deliver outcomes we're all proud of for our new, enlarged customer base.”
The sale of Just Rigging & Inspections Scotland also signposts the beginning of the retirement plans of the company's founder and managing director, John Rhymer. He will continue to support the company for a further six months before retiring.
Announcing the sale of the business, John Rhymer said, "I am immensely proud of what the team and I have created in Just Rigging & Inspections Scotland. I look forward to seeing the company and its people continue to grow and develop as part of a larger business. Stage Electrics Group is a great business to be part of, with a company culture and a focus on its people and customer service that often makes it the envy of others in the sector. I’m certain we’ll all enjoy working with our new colleagues."
Dave Coull added, "I have made no secret that we want to grow Stage Electrics Group organically and through acquiring strategically aligned businesses. Adding Just Rigging & Inspections Scotland to the group's existing portfolio of companies is the next exciting step in achieving this goal."