May Gurney - General - May Gurney Acquires Telecommunications Inspection Specialist

Date: 03 Aug 2007

May Gurney has acquired the Manchester based mobile telecommunications inspection and maintenance specialists FDT Holdings Limited (FDT).

FDT is an established operator in the telecommunications market with an experienced team of engineers, whose operational skills can be utilised to enhance May Gurney's maintenance expertise in the utilities and highways sectors.

FDT specialises in the provision of inspection and maintenance services to preserve the longevity, safety and value of assets in the mobile telecommunications industry and highways engineering sectors.

Employing 90 people, the business was management owned following an MBO in 2002.

Utilities and highways maintenance is one of May Gurney's core markets and the company already provides a range of maintenance and enhancement services to many of the UK's local authorities and utility companies under long-term contracts.

The acquisition accords with May Gurney's strategic emphasis on continuing to develop and strengthen long-term relationships through providing an enhanced service offering. It specifically deepens May Gurney's mechanical and electrical capabilities, provides access to the telecoms marketplace and complements May Gurney's existing support service portfolio and customer relationships.

David Sterry, Chief Executive of May Gurney, said: "We are delighted to welcome a company whose customer-orientated culture and focus on long-term partnerships is aligned to ours.

"This acquisition delivers on our strategy for building the business, complements our strong and established presence in the utilities and highways maintenance markets and positions us well in the telecoms market place."

Darren Bardsley, Director of FDT said: "The combined skills and resources of a larger business will enable us to play a more significant role in helping our customers to effectively maintain their infrastructure assets over the coming years and exploit the true potential of this growing market.

"We look forward to growing the combined business and integrating our teams to great effect."

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