IKM Consulting acquisition marks GEG Capital Group’s intention to expand into the energy transition market in Scotland and the north of England
GEG Capital Group have acquired a majority stake in Grangemouth-based multidisciplinary consultancy, IKM Consulting Ltd (IKM).
GEG Capital aims to grow it’s engineering and environmental capabilities with the acquisition of the specialist consultancy, which also offers surveying services.
Current chairman Ian Maclachlan recently stepped back from primary duties at IKM, but will remain in an advisory and mentorship capacity for the next couple of years.
IKM has enjoyed infrastructure success with several Scottish projects
Recent projects supported by IKM’s 60-person team across the Grangemouth and Runcorn offices include onshore infrastructure support for the new 882MW Moray West offshore wind farm and working in collaboration with Siemens Mobility and the Scottish Government on decarbonising Scottish railways.
Speaking about becoming part of GEG Capital, IKM managing director, David Taylor, said:
“Myself and the team are looking forward to an exciting new chapter in IKM’s history. Our extensive legacy in the energy and infrastructure sectors makes us a perfect fit for GEG Capital in many respects.
“With their support, we will continue to support our existing clients in Scotland and grow our networks across England’s Northwest and Northeast regions, benefitting from the synergies and strategic relationships that will be created with other companies within the portfolio.”
GEG Capital director Jia MacKenzie said on the IKM acquisition:
“We are delighted to bring IKM under the GEG Capital umbrella and look forward to embarking on the next stage of its growth journey together.
“IKM not only have an exemplary reputation and culture that aligns with our own, they bring to the group extensive expertise in civil & structural engineering design and environmental consultancy.
“Those capabilities – and vast experience working with some of the largest international blue chip organisations – supported by the GEG Capital management team will present numerous opportunities for the growth of the business in a dynamic, transitioning economy.”
