Built Environment: Lucy Group’s acquisition of Blakley Electrics
Armstrong provided commercial due diligence to Lucy Group Ltd to support its acquisition of Blakley Electrics, a UK market leader in power distribution systems and industrial lighting equipment.
Since its establishment in 1957, family-owned Blakley Electrics has been a specialist provider of permanent and temporary LV power distribution equipment, protection systems, site lighting and transformers. With manufacturing facilities in Kent and Essex, the company draws on more than five decades of experience in specialist sheet metal fabrication and electrical assembly.
The acquisition by Lucy Group, a global company focused on creating sustainable engineered environments, marks an important milestone in the growth strategies of both organisations. It enhances Lucy’s presence in the power and industrial lighting sectors and broadens the services offered to its customer base.
Armstrong provided a focused piece of customer referencing, validating the strength of Blakley’s customer relationships and providing confidence in the future growth potential of the business.
If you are interested in talking to Armstrong about similar opportunities in the Built Environment, please contact:
Matt McNally
mmcnally@armstrong-ts.com
+44 7894 736 523