National Gas is boosting its design engineering capability by acquiring Premtech Ltd. Premtech, founded in 2010 and based in Ashby-de-la-Zouch, Leicestershire, has 50 full-time staff - mostly engineers and designers - who will all be taken on as part of the acquisition.
Jon Butterworth, CEO of National Gas, said: “Premtech is a highly respected and successful company that’s renowned for its expertise in engineering consultancy and design in the energy sector and we’re extremely proud to become their new owners.
“We’ve forged a strong relationship with Premtech over many years; as a result, it has an in-depth knowledge of our business and how we work. This transaction brings important design capability in-house, enabling us to better deliver on our capital expenditure plan as well as support our future work in the vanguard of developing hydrogen, carbon capture and storage, and a wide range of digital and innovation projects.”
Premtech will remain completely independent from the regulated business of National Gas Transmission, and will continue to operate its own offices, IT and People systems, hiring processes, and benefits.
