British Gas Business To Acquire Connaught Compliance Division

Centrica, the parent company of British Gas, has announced that its British Gas Business division has acquired the assets of the gas and electricity services businesses of Connaught Compliance, the trading division of Connaught Group, for £11.2 million, which will be settled in cash on completion.

The acquisition will bring British Gas Business an approximately 600 strong work force including approximately 400 gas and electricity engineers who specialise in the installation, service and maintenance of commercial gas boilers and electrical systems, and in excess of 20,000 customer contracts, mainly in the private sector. It also includes Connaught's training academy in South Wales.


British Gas Business has now made five acquisitions in the energy services and management sector in the last two years. Alongside the previous acquisitions of BMSi, Semplice Energy, Energy and Building Management Solutions and Newnova Group, the acquisition of the gas and electricity services businesses of Connaught Compliance firmly establishes British Gas Business in the provision of a broad range of business energy services, including energy management, energy efficiency, building controls and renewable technologies. The 600 Connaught employees joining British Gas Business will be additional to the 5,100 new jobs in insulation, smart metering and energy efficiency which British Gas has already announced over the past two years.

(CD)