Morrison Data Services, a leading UK data collection, data management and meter maintenance service provider to UK energy suppliers, today announced the completion of the acquisition of Meter-U, a wholly-owned subsidiary of the EnServe Group.
Predominantly offering services to water utilities, Meter-U’s services include meter reading and data collection services for domestic and non-domestic premises. Other services include meter data management, leakage reporting, client revenue protection and meter replacement activities. With a field force of over 400 personnel, the company manages the data from four million meters, collecting over 17 million meter reads per annum throughout the UK and Ireland.
Simon Best, Managing Director of Morrison Data Services, commented: “Meter-U’s service offering to water utility companies mirrors those that we provide to the energy sector. This acquisition will enable Morrison Data Services to further develop our utility data collection field force in the UK and combine our joint capabilities across both energy and water.
“With a strong order book and long-term frameworks secured with a number of major utility companies, this acquisition will present significant, ongoing growth and diversification opportunities for our business.”
Matthew Hardcastle, Managing Director of Meter-U commented: “Meter-U is delighted to join forces with Morrison Data Services as we look to identify growth opportunities and capitalise upon our expertise, particularly in water retail data collection activities. Our acquisition by Morrison Data Services is a natural and important step in our evolution and will offer numerous benefits as we become part of a larger infrastructure service provider group.”
Group Chief Executive Jim Arnold added: “We are delighted to welcome Meter-U to the Group. This acquisition will provide Morrison Data Services with a strategic platform for further growth and expansion into the water sector and we look forward to working with the team to identify and develop the new areas of opportunity this brings.”
CO-OP ENERGY SELECTS MORRISON DATA SERVICES FOR DATA MANAGEMENT AND METER READING SERVICES AGREEMENT
£7M five-year contract covers England, Wales & Scotland Services to include non half hourly data collection, field data aggregation and...