BRUSH Power Networks is delighted to announce that it has acquired KUS Power Engineering, a business that provides design, build and resource solutions for substations. The move represents another significant step in Power Networks’ journey to providing evermore agile and adaptive engineering solutions that will future-proof the electricity network and enable a lower-cost zero-carbon future.
BRUSH sees KUS’s people and expertise as key in supporting our vision of establishing the business as a leading OEM-agnostic engineering house. The acquisition will give BRUSH access to growing regional market segments, such as data centres and renewables, especially in and around the M4 corridor and within Scotland.
Following the completion of the deal, Nicolas Pitrat, CFO of BRUSH Group said: “Our growth strategy is based on enhancing our capabilities by strengthening our expertise and adding competencies. The acquisition of KUS follows this strategy and subsequently the BRUSH Group will broaden its segment and customer reach, enhance its engineering expertise and ultimately further grow our business”.
KUS will maintain its independence and autonomy, with BRUSH’s financial backing enabling the business to offer solutions for larger projects and bigger framework agreements than it currently delivers.
Lars Hennecke, Strategic Business Development and Sustainability Director at BRUSH Group, said: “The acquisition of KUS solidifies the BRUSH Power Networks profile. It will add technical and project management capabilities and capacities, give us access to growing regional markets, and broaden our DNO reach.”