New jobs expected as Athlone generator firm is acquired by Glasgow-based company
Realpower, an Athlone-based company specialising in generator maintenance, has been purchased by the Glasgow-based power generation specialist DTGen.
The transaction, announced by DCC Energy Ireland, has been described as a "significant expansion" of DTGen's operations, and one which creates "a stronger UK and Irish provider of critical power engineering, installation and maintenance services".
A statement on the acquisition said that, as a result of it, DTGen expects the combined business to create "at least 10 new jobs" as it expands its engineering and service capability.
Realpower is based in Moydrum, Athlone. The company, owned by Michael Tumulty, has been involved in specialist generator maintenance for the past 16 years.
The value of its acquisition by DTGen has not been disclosed.
The combined business now has more than 110 employees, including 70 engineers, with operations spanning DTGen's locations in Glasgow, Bristol and Northampton, and Realpower's base in Westmeath.
The companies involved said the expanded business "will provide customers across the UK and Ireland with enhanced capabilities to design, deliver and maintain critical power solutions, alongside stronger emergency power support, increased engineering capacity and a broader geographical footprint".
The combined team "will also provide full turnkey solutions, from system design and installation through to commissioning, maintenance, remote monitoring and lifecycle support".
Realpower owner Michael Tumulty said "joining forces with DTGen, and being backed by DCC Energy Ireland," was "a positive step" for the company.
"Our commitment to providing specialist support to organisations across Ireland will not change, and our customers will receive the same trusted service and expertise from our team," he said.
"Now strengthened by DTGen’s project experience, wider engineering capability and the scale of DCC Energy Ireland, it creates an opportunity to continue supporting customers’ critical power needs and to grow the services we can offer in the years ahead."
Nigel Newton, Managing Director of DTGen commented: "Realpower has established itself as one of Ireland’s most respected maintenance providers, with service capabilities that complement DTGen’s generator project delivery expertise, making it an excellent addition to the DCC Energy Ireland and DTGen group.
"With Farrell Spollen recently announced as Managing Director of Ireland, he will play a key role within the DTGen team in driving our growth ambitions and strengthening our presence in the Irish market.
"For engineers and consultants working in high-demand environments, including data centres, the combined business offers practical engineering expertise, local service support and the scale to help customers investing in generator systems choose a delivery partner with confidence," Mr Newton concluded.