Allied Insulators, a leading supplier of electrification equipment owned by Addtech Nordic AB, has acquired Connectors and Switchgear Ltd, a specialist producer and supplier of electrical substation hardware.
The UK's largest substation supply company and based in Banbury, Oxfordshire, Connectors and Switchgear specialise in manufacturing connectors of all types and sizes that support the electrical industry.
With expert knowledge of outdoor substations and the equipment required to service the power grid, the team at Connectors and Switchgear manage a global supply chain alongside its UK client base, helping homes and industry to establish and maintain power supply in countries such as China, Malaya, Burma, Brazil and across the Middle East and Africa.
Bringing Together Two Industry Specialists
A designer, manufacturer and supplier of insulators for more than 150 years, Allied Insulators is based in Stoke-on-Trent, Staffordshire. The strategic acquisition of Connectors and Switchgear will allow both businesses to join forces and work together to innovate and support the evolution of the ever-changing electrical industry.
With an internationally renowned reputation for supplying customers with high specification, quality insulators, overhead line fittings and switch disconnector products, Allied Insulators is a subsidiary of Swedish technical solutions group, Addtech Nordic AB.
Complete with a division that specialises within the energy industry, Addtech Nordic AB comprises of 150 independent companies that sell high-tech products and solutions to customers primarily in the manufacturing and infrastructure sectors in around 20 countries. Addtech AB’s backing of Allied Insulators has allowed the business to fund and integrate strategic acquisitions, such as with Connectors and Switchgear, strengthening its end-to-end portfolio.
Knights Advises on the Transaction
A specialist, multi-disciplinary team at legal and professional services business, Knights, advised Allied Insulators on the acquisition of Connectors and Switchgear. The team was led by corporate partner, David Fitzmaurice, supported by Lydia Redhead and Natalie McCann in Corporate, Julian Moran in Tax, Natalie Howitt in Employment, Rachel McIlroy and Anna Murray in Real Estate, Zoe McNeil in Regulatory, Sergio Ferreira in Intellectual Property and Steven Brunt in Commercial.
Allied Insulators Welcomes Connectors and Switchgear
Jon Knapper, Managing Director at Allied Insulators, said:
“Connectors and Switchgear is a strong addition to our business and the wider Addtech group, bringing highly regarded expertise across electrical substation hardware and its track record as a leading provider to the electrical industry.
“We look forward to welcoming the entire Connectors and Switchgear team to Allied Insulators. Together we will continue to invest in excellent product manufacturing and delivery, building on the great work achieved by both businesses over many years.
“We’re grateful to David and the Knights team for their hard work and collaborative approach throughout the transaction, which helped us achieve a smooth and successful outcome.”
Knights Reflects on a Successful Acquisition
David Fitzmaurice, Corporate Partner at Knights, said:
“It was a pleasure to have supported the teams at Allied Insulators and Addtech Nordic AB with this exciting acquisition. Connectors and Switchgear has a fantastic reputation and adds specialist expertise and a strong customer base to the Group.
“I have no doubt that together, as part of the wider Addtech Nordic AB group, both businesses will continue to go from strength to strength in partnership.
“All of us at Knights send our best wishes for the future to both businesses as they embark on this new venture together.”
Notes to Editors
Knights is the legal and professional services business built around the UK's regions, giving people and businesses access to advisers they won’t outgrow on their doorstep. With more than 1,500 professionals across the country, Knights combines local insight with nationwide depth to build the right team around clients.