Breathe acquired by EDF’s Imtech
We are delighted to announce that Breathe has been acquired by Imtech, with the support of EDF Energy and Dalkia. This concludes Breathe’s search for an investor who shares its long-term goals to deliver material energy and carbon reduction savings for our clients.
Imtech, jointly owned by EDF Energy and Dalkia, is one of the UK’s leading technical services engineering businesses. Among other things it provides energy saving infrastructure improvement solutions for clients, including the NHS, across the UK and Ireland.
Imtech will combine its excellence in delivery with Breathe’s tailored expertise to increase the range of cutting-edge energy solutions available to all customers. The combined business will be able to provide more varied technologies and services, improving customers’ energy infrastructures and helping to meet their low carbon objectives.
Simone Rossi, CEO of EDF Energy, commented: “I would like to welcome Breathe into the EDF family in the UK. Their skills are a valuable addition to our Group’s ability to support our customers in all their energy needs and to drive progress towards the government’s objective of net zero greenhouse gas emissions.”
Sylvie Jehanno, Chairwoman & CEO, Dalkia, said: “We are delighted to integrate Breathe into our business in the UK. By acquiring their experience and skills, demonstrated by their remarkable record in energy performance contracting, we have improved our capacity to work alongside our UK customers to step-up their sustainable energy performance.”
Paul Kavanagh, CEO, Imtech, commented: “Breathe brings a well-established platform to Imtech to accelerate our development in Energy Services and Low Carbon Solutions. We are looking forward to working together to add more value for our customers”
Gary Parke, CEO of Breathe, said: “We are excited to be joining Imtech and the wider EDF Group. We have had nearly 10 years building our business and our reputation for partnering with clients to meet their energy performance requirements. In this we have been supported by MCW, to whom we are particularly grateful. We now have the opportunity to continue that growth, supported by the substantial resources of the EDF Group and with access to technology and delivery capability. We will continue to provide the best quality EPC solutions and we will now be able to provide an extended range of energy services to a larger and more diverse client base.”