Mobil in Time Group has been taken over by Aggreko in a recent acquisition deal.
In a significant development for the energy solutions industry, UK-based company Aggreko has announced the acquisition of the Mobil in Time Group. This acquisition marks an expansion of Aggreko's services, strengthening its expertise in mobile energy solutions.
Prior to the acquisition, the Mobil in Time Group was owned by Verium, an independent multi-family office based in Zurich. The Mobil in Time Group, which operates at 19 locations, spread across Switzerland, Germany, and Austria, specializes in temporary heating, cooling, building heating, and water damage restoration.
Robert Wells, President Europe and Events at Aggreko, announced the acquisition. He stated that this strategic move is a significant milestone in Aggreko's growth and expansion strategy in Europe. The acquisition adds water damage restoration services to Aggreko's portfolio, allowing the company to offer a more comprehensive range of energy solutions.
Aggreko has shown interest in expanding its services to include temporary heating, cooling, building heating, and water damage restoration. With the Mobil in Time Group now part of Aggreko, the company's operations have been expanded to cover these areas.
Despite the change in ownership, nothing will change for the customers, employees, and locations of the Mobil in Time Group. The Mobil in Time Group's services are now part of Aggreko's offerings, ensuring continuity for its customers while expanding Aggreko's reach.
The acquisition of the Mobil in Time Group by Aggreko is a strategic move in the energy solutions industry, as it marks an expansion of Aggreko's services. Aggreko is a company that specializes in renting energy solutions, and this acquisition allows the company to offer a more diverse range of services to its customers.
The Mobil in Time Group has approximately 200 employees, bringing a skilled workforce to Aggreko. This acquisition is a significant development in the energy solutions industry, and it will be interesting to see how Aggreko leverages the Mobil in Time Group's expertise to drive growth and innovation in the future.
