Thursday, 6 January 2011

M&C Energy Group acquires Utility Masters

Oldham energy broker company
Utility Masters has been bought for an undisclosed sum by Scottish
procurement and compliance specialists M&C Energy Group. The deal for Royton-based Utility Masters will see the M&C Energy Group's
turnover increase to £40m and "further cements its position as one of the
world's leading energy consultancies". Utility Masters was founded in April 2000 by a team of senior utilities
sector managers and helps clients to optimise energy costs and use. UM's founding partners, Jim McGhie, Shaun McClarnon and Kevin Whaites will
join the M&C team. Jim McGhie, Managing Director, Utility Masters Limited, said: " M&C is
unquestionably one of the world's leading energy consultancies with a strong
reputation for excellence in customer services and product innovation. " M&C's global reach will bring significant benefits to our clients, many of
whom require an integrated energy service across many sites worldwide. My
partners and I are looking forward to working with M&C to drive forward this
strong business."

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