Wernick launch new power division with £10m investment
Following £10 million of investment, the Wernick Group are expanding into the generator and temporary power solutions rental market with the launch of a new division – Wernick Power Solutions Ltd.
The investment includes over 1,600 generators ranging from 6 to 500KVA including two 25 units in a £3m deal with JCB. Then, at the end of January, the acquisition of specialist generator rental company Power-Rite took the generator fleet size in Wernick Power Solutions Ltd to approaching 2,000.
The new company will focus strongly on the synergy that exists with Wernick Hires existing construction related customer base meaning that both high quality portable accommodation and power solutions can be provided with the same reputation for industry leading customer service.
Headed up by General Manager David Mahon, the acquisition of Power-Rite now brings the total work force within Wernick Power Solutions Ltd to 30 strong, with plans to increase the team to in excess of 70, operating out of six regional locations by the end of 2021.
David who has a strong background in temporary power solutions and specialist hire equipment commented: “We have ambitions to turn Wernick Power Solutions into a UK market leader in its sector. With a modern hire fleet deploying the latest product telemetry, and backed by a highly experienced team, I am optimistic that Wernick Power Solutions will go from strength to strength.”
Simon Doran, Wernick Group Chief Executive added: “I am absolutely delighted with the progress that has been made in the initial months of our new division. Our intention going forward is to grow through strategic acquisition and further investment in the area of green technology and renewables that will be a feature in an increasingly carbon conscious world.”