Keystone Law has advised the shareholders of Integrum Power Engineering Ltd on its sale to the utility and energy resources company OCU Group Limited (OCU).
Integrum Power Engineering is an electrical engineering design, install, commission and maintenance contractor that specialises in High Voltage (HV) power transmission and distribution engineering to deliver renewable energy and decarbonisation infrastructure. This includes specialist services in traction power distribution and inter-substation protection across the UK’s rail network.
Accredited by the National Electricity Registration Scheme and acting as an Independent Connection Provider (ICP), Integrum Power Engineering operates across sectors and industries where HV power transmission and distribution engineering services are required, including renewables, utilities, oil & gas, mass transit and private networks.
The business will sit within the OCU Energy Services division and support OCU as it expands its capabilities in the non-regulated energy market and rail sector to support the delivery of the electrification programme to enhance the mainline network, whilst also focussing on infrastructure opportunities that will aid the UK’s transition to net zero.
Corporate partner Keith Gilbert led a multi-disciplinary team of Keystone lawyers, which included, amongst others, employment partner David Jepps, tax partner Paul McCourt, intellectual property partner Will Sander, real estate partner Simon Massey, pensions solicitor Monica Ma and trainee solicitor Mark Turner.
Alex Geary, Managing Director of Integrum Power Engineering, said:
“The Keystone team led by Keith Gilbert were exceptional throughout the entire process and an absolute pleasure to deal with. We felt reassured and entirely confident in the pragmatic advice and collaborative service provided.”
Keith Gilbert added:
“It was a pleasure and privilege to work with the Integrum team through the sale process and we look forward to following the business’ continued success within the OCU Group.”
Magma Chartered Accountants provided the lead advisory and tax advice for the shareholders, led by Shaf Bheda alongside Mark Tuckwell, Andrew Wilson and Chris Matthews.
Addleshaw Goddard LLP provided legal advice to OCU Group.