Svella Plc Set To Acquire Emeg Group With Target For Long-Term Growth

Svella Plc is pleased to announce that Avidrail, one of its subsidiaries, has agreed to purchase Emeg Group Limited, aiming for completion as soon as possible, but not later than the end of June.

The acquisition secures a business-as-usual approach for Emeg Group, with Svella looking forward to supporting employees, customers and suppliers to deliver a strategy of long-term, collaborative growth.

Avidrail has extensive rail industry experience and a broad view of all aspects of rail project management, from feasibility, design and construction through to delivery and close-out. Its capabilities include civil engineering, rail infrastructure and groundworks projects.

Andrew Tinkler, Svella Plc Chairman, said: “The acquisition will allow Emeg Group to expand its in-house capabilities, supported by Avidrail, and offer a full, in-house turnkey solution – creating new revenue opportunities and adding complementary expertise to the business.

“Our goal is to support the management team with hands-on investment, operational improvement and a customer-centric approach to unlock the growth potential in the business, to the benefit of all stakeholders.”

Richard Simmonite, Emeg Group chairman, said: “The sale of Emeg Group to Avidrail, part of the Svella group of companies, will secure an exciting future for the business and the existing team, with a clear strategy for long-term, sustainable growth.

“The support of Avidrail will ensure Emeg Group continues to build on its reputation for providing an excellent level of service, enable business growth thanks to an enhanced customer proposition, and help develop the business further with the ongoing support of its valued supply chain.”

Further information on Emeg Group is available here: https://emeg.co.uk