GEG Capital has announced the successful acquisition of Grangemouth-based multidisciplinary consultancy, IKM Consulting (IKM).
The addition of the award-winning leading specialist consultancy offering engineering, environmental, and surveying services will bolster GEG Capital's engineering and environmental capabilities, supporting its role in UK energy transition.
Speaking about the acquisition, GEG Capital, Director, Jia MacKenzie, commented: "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."
IKM, which employs 60 staff, with offices in Grangemouth and Runcorn in the North West of England, recently provided onshore infrastructure support for the new 882MW Moray West offshore wind farm, while its environmental team has been engaged by Siemens Mobility who are working with the Scottish Government on the decarbonisation of its 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.
"As an Investor in People, the cultural fit with GEG Capital is good and there will be opportunities for further professional and personal development for the IKM team, not to mention the creation of multiple new roles as we continue to grow."
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
26/11/2024
Scottish Water has unveiled its largest-ever procurement initiative, aiming to modernise the nation's water and wastewater infrastructure while safeguarding the environment. The program, named Delivery Vehicle 4, is valued between £5 billion and £9 billion and is set to run from 2027 to 2033, with ...
26/11/2024
The City of Edinburgh Council has granted planning permission, subject to conditions, for the refurbishment of Calton Square, an office building currently occupied by Baillie Gifford until the end of December 2025. Promoted by Ardstone Capital on behalf of Manova Partners, the project aims to ...
26/11/2024
First Minister John Swinney, MSP for Perthshire North, praised the progress being made on the construction of the new Perth High School during a visit on Friday, 22 November. He was joined by Jim Fairlie, MSP for Perthshire South and Kinross-shire, alongside senior Perth and Kinross Councillors, ...
26/11/2024
A state-of-the-art playpark has officially opened at King George V Park in Bearsden, following the completion of a £100,000 refurbishment. Funded by a combination of East Dunbartonshire Council (EDC) Capital Funding and the Scottish Government’s Renewing Scotland’s Play Parks initiative, the ...
26/11/2024
Fife Council has launched a public consultation, inviting residents, businesses, and organizations to contribute ideas and propose sites for inclusion in the next Local Development Plan, known as Fife's Place Plan. The council is calling on community councils, landowners, and developers to share ...
26/11/2024
The Chief Executive of East Lothian Council has announced she is to retire in February 2025. Monica Patterson who has been Chief Executive for almost five years, has spent most of her professional career working in local government. Prior to joining East Lothian Council in 2010, she was Head of ...
25/11/2024
West of Scotland Housing Association (WSHA) and Connect Modular have jointly submitted a planning application to Glasgow City Council for the development of 33 affordable homes in Cowlairs. This project aligns with the wider Cowlairs Park regeneration scheme and the city's ambitious housing ...
25/11/2024
Arc-Tech (Scotland) has successfully completed a £6m Mechanical and Electrical (M&E) services package for the Lost Shore Surf Resort in Edinburgh. The state-of-the-art resort, which opened its doors earlier this month, features a range of amenities, including a wave pool, luxury lodges, and ...
25/11/2024
Scottish Water has successfully completed the construction of a groundbreaking hydro energy generation scheme at Whiteadder Reservoir in East Lothian. This innovative project, believed to be the first of its kind in Europe, will harness the power of water to offset a significant portion of the ...
25/11/2024
Work is set to commence on a £6.5 million project to upgrade the Double Dykes Gypsy/Traveller site near Perth. The initiative aims to replace outdated chalets with modern, energy-efficient accommodation and implement significant site improvements. Perth & Kinross Council secured £3.9 million from ...