Stockport-headquartered OCU Group has announced the acquisition of Purestream Industries, based in London and the South East.
Purestream provides creative water and wastewater engineering, design and consultancy services to the Utilities sector.
This includes resource recovery, water recycling and the application of renewable energy through biogas utilisation and hydro-turbine technologies.
OCU said the acquisition, for an undisclosed sum, will add to its existing energy and wider utilities design expertise, while strengthening its commitment to sustainability and innovation across its markets.
OCU recently acquired Scottish civil engineering firm RJ McLeod, increasing its revenues to more than £800 million.
The company also bought M&E and civils contractor Northavon Group, in April this year, its sixth and largest acquisition over 12 months.
Other acquisitions include London utility specialist, Modus, fibre optic specialist, InICT, multi-utilities hub, Opals, Surrey-based power systems design and engineering service, Andrews Associates, and FKS, a telecom installation outfit in Wigan.
Click here to read more about the activities of OCU Group
OCU CEO Michael Hughes said: “This acquisition marks another key milestone in the enhancement of OCU’s water market capability, following the recent appointment of Hugh McCrossan as managing director of our Water division and our investment in the UK’s largest pipe pusher. Purestream’s water design capabilities perfectly align with our goal to lead the way in engineering excellence in both energy and utilities.”
Nicholas Wise, director of Purestream, added: “Joining OCU Group is an exciting new chapter for Purestream. The strength and depth of opportunities within OCU, combined with their commitment to developing people and driving industry standards, were key attractions for us.
“We look forward to the shared learning and value creation that will arise from integrating our water design and wider services with OCU’s well-established energy and utilities capabilities.”
Was this interesting? Try: Fears insolvency will keep soaring after ISG collapse
If you have a tip or story idea that fits with our publication, please contact the news editor rory@wavenews.co.uk
Get industry news in 5 minutes!
A daily email that makes industry news enjoyable. It’s completely free.
