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United Living acquires specialist engineering firm

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United Living Group has announced the acquisition of EcoGenR8, which trades as AFECO, for an undisclosed sum. 

Credit: United Living Group.

AFECO is an independent specialist engineering company operating in the water, marine and energy sectors for more than 10 years. 

The business develops and delivers MEICA services and solutions for water, wastewater and biosolids treatment, in addition to energy generation and consultancy. 

Its offering includes project delivery, design, installations and commissioning. 

AFECO will sit in United Living’s Infrastructure Services business alongside the group’s existing water activities.  

Advisors to United Living were Cavu Corporate Finance (Corporate Finance), Addleshaw Goddard (Legal), PwC (Financial Due Diligence) and Deloitte (Tax Due Diligence & Structuring).  

Neil Armstrong, chairman and CEO of United Living Group, said: “We are delighted to welcome AFECO into the United Living Group.  

“AFECO has an outstanding reputation in the water industry for innovation and problem-solving.  

“This acquisition will complement our existing activities and help extend our service offering to include mechanical, electrical controls and automation.” 

Abi Field, CEO of AFECO, added: “We are delighted to join forces with United Living, enabling us to better provide unique solutions for the water sector.  

“This comes at an opportune moment, particularly as we help our clients navigate increasing pressure on their operations.” 

Was this interesting? Try Balfour Beatty reports revenue of £10bn  

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