Hargreaves acquires AJS

Hargreaves Services, a Durham headquartered supplier of support services to the energy, mineral and waste sectors, has acquired AJS Contracts for a total of £4.64m.

Whitstable-based AJS provides niche general engineering maintenance services to the power generation industries. Services provided by AJS include fabrication works, repairs and the provision of skilled engineering labour to power stations.

AJS has been acquired to complement Norec, Hargreaves’ wholly owned industrial services and facilities management company. Hargreaves said the acquisition would allow the company to extend the range of services that Hargreaves’ Industrial Services Division provides to its power station customers.

Gordon Banham, Hargreaves’ chief executive officer, said: ‘AJS is a quality engineering services business and is a highly complementary business to Norec. This acquisition will allow us to improve both the range and quality of services provided to our power station customers.’