Lucy Group has completed the acquisition of 100% of the shares in Blakley Electrics Ltd, a UK market leader in power distribution systems and industrial lighting equipment. The acquisition strengthens Lucy’s position in the power and industrial lighting sectors and broadens the range of services provided to customers.
Richard Dick, Executive Chairman at Lucy Group, said: “Blakley Electrics is a good fit, bringing complementary products to the Group and widening our customer base to include sectors such as construction, rail, military and outdoor events. It’s a family business that shares similar values, especially in terms of quality, customisation and customer service. We are delighted that the Managing Director, Peter Blakley, will be staying on for the next 12 months to help with the transition.”
Established in 1957, Blakley Electrics specialises in the design and manufacture of permanent & temporary LV power distribution equipment, protection products, site lighting, and transformers. The company operates manufacturing facilities in Crayford, Kent, and Harlow, Essex, drawing on more than 50 years’ experience in specialist sheet metal fabrication and the electrical assembly of distribution, protection and transformer products. An engineering centre is also located at the Harlow site.
Peter Blakley, Managing Director of Blakley Electrics, said: “The company has been in my family for over 65 years, so I was keen to find the right buyer to guide it through its next stage of growth. I am confident that Lucy Group, a 200-year-old, family-owned company with a highly respected name in the UK electric energy sector, is the right choice.”
For more news and information, please click here.