Primayer joins Servelec Technologies
Servelec Technologies, a market leading provider of remote telemetry units, secure SCADA systems and business optimisation software, has completed the acquisition of Primayer, a global leader in water network leak detection and location. The two businesses will be combined under the leadership of David Frost, MD of Servelec Technologies. Terms of the private transaction were not disclosed.
Hampshire-based Primayer develops and manufactures intelligent technologies for the effective monitoring of water networks and for reducing the loss of potable water. With over 20 years of experience and distributors in over 45 countries worldwide, Primayer is committed globally to supplying quality products for water utilities, consultants and contractors.
“Servelec Technologies management team are firmly committed to continued investment in Primayer’s people and solutions so that together we may grow and develop our combined range of complimentary products and software services for all our customers in markets around the world,” said David Frost, MD of Servelec Technologies.
“It has always been important that Primayer strives to develop new products and services utilising the latest industrial technology in order to meet the changing and longer-term future needs of our customers,” said Roger Ironmonger, Primayer MD who is retiring but will stay associated with the business during the transition period as a special advisor. “The opportunity of a merger with Servelec Technologies was assessed as being an ideal fit for our complementary products, and an opportunity not to be missed for Primayer to become part of a larger solutions-based organization.”
“The combination puts Primayer in a stronger position to invest in technology for solving the world’s urgent water network supply and water loss reduction challenges and will enable us to better develop a strong, global market position,” Roger Ironmonger added. “We are excited for our valued staff to work with the talented Servelec Technologies team, who share our commitment to bringing to market innovative solutions which will drive substantial global growth.”