Lytham-based business utility and sustainability consultant Inenco has been acquired by Sustainable Energy First of St Anne's.
Inenco, in business for more than half a century, works with some of the largest organisations in the UK to reduce carbon, optimise energy consumption, ensure compliance, implement effective energy procurement strategies and control costs.
Sustainable Energy First is a B Corp certified sustainable energy and utilities specialist which helps reduce the carbon footprint of clients.
The acquisition brings together two businesses with one common objective - to help businesses of all sizes achieve their net zero targets. Sustainable Energy First's stated goal is to eradicate 327,000 tonnes of CO2e by 2028, the equivalent to taking 73,000 cars off the road.
The acquisition is backed by Beech Tree Private Equity.
Michael Abbott, CEO of Sustainable Energy First (pictured left), said: "We are thrilled to have completed the acquisition of Inenco, bringing together two like-minded and complementary businesses.
"This acquisition complements our mission to inspire and empower our people to create a positive difference. Together, we will provide unparalleled energy solutions that benefit our clients and contribute to a more sustainable future."
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