Svella acquires two commercial activities of the Aberla group | Northwest Deals

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Investment and acquisition vehicle Svella has purchased two Aberla Group business operations from directors, preserving 19 jobs in Warrington.

The move also strengthens its current portfolio companies with the addition of synergistic capabilities and new customers.

Svella acquired the entire Aberla Energy business which will continue as a stand-alone business entity under its Svella Infrastructure division.

Based in Warrington and with seven employees, Aberla Energy specializes in providing renewable technologies and integrated power generation services. These include solar photovoltaic, smart grids and electric vehicle charging infrastructure.

Svella also acquired the rights and interests in the fiber optic network infrastructure company Aberla Utilities, including title to contracts with two new customers.

The operations will merge with holding company Svella Connect, a telecommunications infrastructure provider, bringing strategic new capabilities around network survey and design, fueling continued growth opportunities in the sector.

A total of 12 employees will transfer to Svella Connect as part of the agreement.

Lee Marks, Director of Svella Plc, said: “We are delighted to have retained 19 skilled positions in sectors with strong growth potential and welcome Aberla employees to the Svella family.

“Rising fuel costs, a global focus on decarbonising transport and the expansion of electric vehicle infrastructure across the UK mean the acquisition of Aberla Energy is of strategic importance to Svella Plc. Its service proposition is complementary to Svella Connect and allows us to leverage our expertise in digital infrastructure to target growth in the growing EV charging market.”

He added, “Aberla Utilities has strong network design capability and expertise, which is a great strategic fit and really strengthens Svella Connect’s current customer offering.

“As the industry accelerates to meet government targets for full fiber and electric vehicle charging, these acquisitions will create exciting business opportunities in line with our vision for long-term sustainable growth.”

Jason Elliott of Cowgills, who acted as joint administrator, said: “The Aberla Group has gone through a very difficult period which has seen an unprecedented decline in revenue. As a result, we were appointed to advise the Board of Directors which resulted in the sale of Energy in its entirety and the utility business and assets through a process of administration.

“We would like to express our gratitude to Svella Plc for working with us to achieve this result and, more importantly, the future of 19 members of staff from both companies. success in the future.”

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