PE-backed power firm acquires long term business partner

Scarborough-based Dale Power Solutions has bought its long-term business partner, Calibre Power Electronics.

Dale Power Solutions said the acquisition of Aberdeen-based Calibre Power Electronics will boost its presence in the Scottish market and deepens its offshore oil and gas expertise.

The company is supported by private equity firm, NVM, which invested £9m when it backed a management buyout in 2018, and has been on a transformational jou... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...