The Deritend Group has bought the gearbox and power transmission specialist, RMB Engineering Services, for an undisclosed sum. The deal gives Deritend extra machining, fabrication and engineering capacity and skills, as well as broadening its geographical coverage with new service branches in Dundee, Middlesbrough and West Bromwich.
"This acquisition is part of Deritend`s strategy to enhance its mechanical engineering skills base, underpinning plans to move the Group further into the provision of on-site engineering solutions, supported by world-class service centres," says Deritend’s managing director, Richard Hale. "RMB strengthens these capabilities, particularly in respect to gearboxes, machining, fabrication and distribution."
RMB’s management team will stay in place and the enlarged group is expected to generate job opportunities at all levels.
"We are delighted with this joining of two highly respected Midlands engineering companies," says RMB MD, Ray Brady (shown above, left, at the signing ceremony with Deritend`s Richard Hale). "Our capacity for quality mechanical engineering services will certainly enhance the Deritend service."
Since Deritend was bought by its management in 2001, the company has focussed on developing its core business areas and entering new service sectors. This strategy has proved profitable, and the group is now looking to acquisitions as the next step towards providing a comprehensive maintenance service.
