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The Business Magazine July 2024
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Bristol-based Power Electrics Generators acquired by Scottish generator specialist DTGen

The Business Magazine article image for: Bristol-based Power Electrics Generators acquired by Scottish generator specialist DTGen
20 April 2022

Bristol-based generator specialist Power Electrics Generators has been acquired by Scottish rival DTGen.

DTGen, which is based in Glasgow, said the acquisition would "add considerable capacity and expertise" and extend its national coverage across the UK into the South of England.

Power Electrics Generators is widely recognised as one of the most experienced generator sales specialists in the UK. It sells, commissions and installs generators to a blue-chip customer base in the datacentre, industrial, and utilities sectors.

The acquisition creates one of the largest dedicated generator companies in the UK with a turnover of in excess of £30 million and more than 100 employees across the three locations.

Paul Moore, chairman at DTGen said: “This is an exciting development for our business, and for the wider generator industry. We’re creating a truly national generator business of scale, and this deal will accelerate our expansion throughout the UK.

“Our businesses have known each other for a long time, we operate with similar values and we’re looking forward to supporting our customers with their power requirements.”

Andy Pullin, owner director at PEG said: “This is the start of an exciting new chapter for PEG. There is a great fit with DTGen which has a clear strategy for growth in the UK generator market.

"It will be able to make further investment in our people and capabilities - supporting our customers on a more national basis, whilst still retaining the specialist nature of our business.”

Power Electrics Generators were advised by Bristol-based law firm Burges Salmon. The team was led by partner Nick Graves, alongside associate Briony Barber, both from the firm’s Corporate team.

Corporate tax support was provided by Hilary Barclay. Luke Bowery and Molly Horton advised on the employment aspects of the transaction, with Emily Scaife and Charlotte Wardman providing banking support.

John Pullin, co-owner of PEG, said: “Working with Nick, Briony and the team has been a real pleasure. They provided us with comprehensive specialist advice and helped us navigate a series of complex transactions through to a successful and timely conclusion.”

 


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Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country.

An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts.

Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.

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