Ipsum Acquires Electrical Engineering Specialist OTL
Ipsum are delighted to announce the acquisition of OTL Electrical Services Ltd (OTL), a highly skilled electrical engineering specialist from the Edwards family.
Wrexham-based OTL has a wealth of experience in high voltage (HV) and extra high voltage (EHV) distribution services, which includes switchgear and transformer upgrades, testing, commissioning, and asset maintenance services.
OTL marks the fourth acquisition in the power sector for Ipsum and helps strengthen our presence across Wales, Merseyside, and the Midlands. The OTL team will complement our existing capabilities and expand our capacity to support clients in optimising infrastructure investment and navigating the clean energy transition. Stephen Edwards will remain as MD.
Stephen Edwards, MD of OTL commented: “As we have developed our relationship with Ipsum over an extended period of time, it quickly became clear to me that Ipsum was the ideal home for OTL. By becoming a part of Ipsum, we will be able to unlock the full potential of the growth within the power sector.”
Richard Thomas, Chief Executive Officer of Ipsum commented: “We are delighted to have completed the acquisition of OTL, which expands our power capability and will allow us to capitalise on new energy infrastructure opportunities with new and existing customers. We offer Stephen and the team a warm welcome and look forward to supporting the future growth aspirations of the business.”
Find out more about Ipsum Utilities here: https://ipsum.co.uk/