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27 Aug 2019
5 min read
ComAp a.s. has recently concluded an agreement with Industrial Power Units Ltd. of the United Kingdom (IPU), the official distributor for the UK and Ireland, to acquire their Engine Control Division. By means of the acquisition of this IPU division, ComAp is poised to further expand their global network.
The Engine Control Division (ECD) of IPU will become a new UK subsidiary of ComAp. This subsidiary is going to be managed by Shawn Shepherd (current ECD Director at IPU), who will lead the same team and ensure continuity of customer relationships. This process is expected to be finalised during Autumn of 2019 upon the approval of ComAp’s shareholders and the regulating authorities.
The acquisition allows ComAp to develop their business in power generation, renewables, marine and engine control markets in the UK and Ireland by utilising the customer and service network established by IPU over many years. IPU shall continue to provide an expanding range of starting, fuel, emissions and engine components into the market.
Peter Sandin, CEO ComAp a.s.: “Over the 20 years that IPU has been a ComAp distributor, they have grown to be one of ComAp's most trusted partners. Robert Beebee and his team of highly experienced staff have always been valued by ComAp and this acquisition will enable ComAp to follow the great work that IPU has already done in establishing the market for ComAp control products in the UK & Ireland. ComAp will carry on with the excellent customer support and service that IPU is renowned for and continue to grow their direct presence and business in the UK & Irish markets, while aligning further with ComAp's global strategy.”
Robert Beebee, Group Managing Director, IPU Ltd.: “IPU and ComAp have had an excellent working relationship over the past 20 years and the support of the ComAp team has contributed to the ongoing success of IPU across the UK and abroad. The team at ComAp has always seen IPU not only as a distributor, but also as a business partner, so this acquisition of our ECD division felt like a natural step forward. Our team at IPU has always believed that the core of our business is our customers, so we are happy to know that the relationships that we have established over many years will be continued by a company as customer focused as ComAp.”