15-12-22
Aberdeen-based Dron & Dickson, specialists in integrated supply, installation, and maintenance of harsh and hazardous area electrical equipment, has acquired Inverurie firm Cable Solutions Worldwide Limited in a significant seven figure deal.
The acquisition will enable Dron & Dickson to offer an enhanced range of products and services under one group, grow in existing markets, and accelerate emergent markets, such as renewables to deliver harsh and hazardous area electrical engineered solutions.
A market-leading specialist in cabling supplies, Cable Solutions Worldwide Limited is a principal distributor for several globally recognised suppliers and manufacturers. As part of Dron & Dickson and its five branches in the UK, the group will add value to existing clients within the market with a broader range of equipment supply.
Cable Solutions Worldwide Limited will continue to operate from its 12,500 sq ft warehouse and yard in Inverurie and under its existing trading name. The deal reinforces and expands the breadth of offering and capability that Dron & Dickson delivers in the UK and its key strategic locations – Aberdeen, Stirling, Runcorn, Hull & Lowestoft.
Colin Rowley, Managing Director, Dron & Dickson, said: “We are delighted to announce this key acquisition which will significantly strengthen the offering of our supply and service portfolio. As a team, we identified the opportunity to combine the expertise of the two companies and we are incredibly positive about the opportunities this partnership will bring.
“I want to thank the team at Cable Solutions Worldwide Limited, in particular Colin Fraser, John Rickman, and Graham Ross who have committed to working with us towards our growth strategy in the longer term. They have every reason to be proud of the business they’ve built over the years”.
Earlier this year, Dron & Dickson grew its renewable energy team to target this emerging market for the company as well as reinforcing its commitment to the sector by becoming FIT4OR accredited.
Colin Fraser, Managing Director, Cable Solutions Worldwide Limited, said, “After many years, we are delighted that the Cable Solutions Worldwide Limited team will join a company that shares our values and to support further growth from the foundations I and the team have worked hard to establish. We are confident this move represents a perfect outcome for both companies, and to use a footballing analogy, I’ve taken the team as far as I can. It’s time for Dron & Dickson to move our business forward to unlock further potential”.