Highland businessman Roy Macgregor's Global Energy Group expands further with take-over of Grangemouth-based IKM Consulting
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Highland entrepreneur Roy MacGregor's Global Energy Group empire has expanded after it acquired IKM Consulting.
GEG Capital Group has secured a majority stake in the Grangemouth-based consultancy firm.
The move to snap up the award-winning leading specialist consultancy – which offers engineering, environmental, and surveying services – is aimed at bolstering GEG Capital’s engineering and environmental capabilities, and supporting its role in the "UK energy transition".
Speaking about the acquisition, GEG Capital director, Jia MacKenzie, said: “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 and 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 north-west 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 north-west and north-east 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.”
IKM, which was founded by its current chairman, Ian Maclachlan, has a 25-year legacy across multiple sectors since starting out on industrial and commercial projects within the oil, gas, and petrochemicals sector.
Maclachlan, who had already taken a step back from the day to day running of IKM, will remain in an advisory and mentorship capacity for the next two to three years.
