finance

Bilfinger set to merge UK entities into €400m turnover company



Engineering and industrial services group Bilfinger is set to create a new, €400m turnover, business following the merger of its two core UK entities.

Warrington-based Bilfinger UK and Aberdeen-based Bilfinger Salamis will trade under the Bilfinger UK brand, creating one of the UK’s largest tier one contractors, with 5,000 employees during peak periods and 14 onshore locations.

The merger will combine the onshore and offshore capabilities of the two businesses, aiming to position the company as a key contractor for delivering large renewable energy projects as the UK transitions to net zero, as well as expanding the services provided to customers in the oil and gas, food and beverage, chemical, utilities and pharmaceutical sectors.

The business will be led by Sandy Bonner, executive president of the UK region for Bilfinger and managing director of Bilfinger Salamis.

The merger is set to complete on 1 January 2022.

Bonner said: “The sectors we operate in are changing rapidly as the UK accelerates its energy transition – combining the strengths of both businesses will create a unified proposition to respond to the shifts in market demand.

“We’ve already been working together on projects for hydrogen plants, carbon capture facilities and onshore and offshore wind, and the move will enable us to face the market as one integrated engineering and maintenance, modifications and operations business.”

With bases in Esbjerg, Aberdeen, Groningen and Great Yarmouth, Bilfinger Salamis employs around 2,000 people and has supported the energy industry for almost 50 years.

Bilfinger UK meanwhile, employs more than 2,500 people across 10 UK offices.

Both businesses are part of international industrial services provider Bilfinger.

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