New acquisition boosts Energy Partners Steam and Combustion offering
Published: Friday, March 10, 2017
Energy Partners, a leading supplier of energy solutions in South Africa and part of the PSG group of companies has announced its acquisition of refurbished coal, oil and gas-fired packaged steam boiler suppliers, Dryden Combustion.
Energy Partners, a leading supplier of energy solutions in South Africa and part of the PSG group of companies has announced its acquisition of refurbished coal, oil and gas-fired packaged steam boiler suppliers, Dryden Combustion.
Energy Partners, a leading supplier of energy solutions in South Africa and part of the PSG group of companies has announced its acquisition of refurbished coal, oil and gas-fired packaged steam boiler suppliers, Dryden Combustion. This acquisition falls within the Steam and Combustion division of Energy Partners that focuses on the supply of steam energy, boiler control and the optimisation of systems.
New acquisition boosts Energy Partners Steam and Combustion offering
Energy Partners, a leading supplier of energy solutions in South Africa and part of the PSG group of companies has announced its acquisition of refurbished coal, oil and gas-fired packaged steam boiler suppliers, Dryden Combustion. This acquisition falls within the Steam and Combustion division of Energy Partners that focuses on the supply of steam energy, boiler control and the optimisation of systems.
The sale, which took effect on 3 January 2017, will enable the group to provide the full spectrum of services and equipment to users of steam in industry in Southern Africa and beyond. This will facilitate a one-stop-shop experience for customers.
The acquisition sees National Sales Manager – Steam & Combustion for Energy Partners, Jonathan Probert taking the reigns as CEO of Dryden Combustion, with company directors, Gordon Slater and Sue Kiley remaining with the business until the end of 2017.
“We are very excited about the prospects for future growth and development that this deal brings into play. It is a major step forward in terms of the opportunities it opens up to expand the scope of both companies’ operations, including better penetration into their respective markets, improving efficiencies of both outsourced and user-owned boilers and ancillary equipment and achieving meaningful operating cost savings to the benefit of customers,” Probert comments.
Probert adds that the deal also provides a strong foundation for developing new products and services to better cater to the diverse requirements of the market.
“The acquisition enables Energy Partners to extend its reach, bringing substantial value-added benefits to more customers with world class boiler repair and refurbishment capabilities, as well as an array of high-efficiency steam controls and energy optimisation systems,” he states.
Probert notes that the acquisition opens up a host of opportunities in an industry with considerable scope for outsourcing services at present. “We estimate that less than 10% of steam users in our market, encompassing industrial, commercial and service organisations, have adopted outsourcing solutions to date.”
“Steam users who convert to outsourcing as provided by Energy Partners stand to gain higher production efficiencies regardless of how sophisticated their existing boiler plant is as operated by them in-house,” he says.
“In recent years, Energy Partners has been gathering momentum in its ongoing drive towards changing the traditional pattern of steam production management. The accumulation of sites, where we can demonstrate the success of the concept to potential new customers, has helped us in this regard.”
“By showing our successes to potential customers, including allowing them the opportunity to confirm directly with our existing customers that outsourcing is effective and yields significant benefits, we provide them with the motivation they need to make the switch,” Probert concludes.
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About Energy Partners
Founded in 2008, Energy Partners is a leading energy solutions provider in South Africa that provides clients with innovative solutions (including fully outsourced supply contracts – e.g. steam generation) to suit their needs. Energy Partners has built a high quality team of talented individuals and robust processes which offer end-to-end solutions and integrate the different components of energy optimisation to deliver optimum results – including capital solutions that put clients in a positive cash flow positions from day one. Industries in which Energy Partners specialise include: food retail, retail, healthcare, hospitality, food processing and logistics. For more information visit www.energypartners.co.za