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Ara Partners-backed px Group acquires Fairport Engineering

px Group, an infrastructure solutions business and operator of several UK energy sites, has acquired Fairport Engineering (Fairport), the engineering and materials handling specialist based in the Northwest of England which includes Fairport Tunnelling Technologies in Sunderland.

The deal, the value of which is undisclosed, brings Fairport’s materials handling expertise into px Group’s group of businesses. The acquisition is the company’s first since being acquired itself by Ara Partners in April 2021 and follows the acquisition of Camm-Pro and NRG Well Management in 2019 and 2020 respectively.  Fairport’s 70-plus staff will now be part of px Group.

px Group says that the acquisition is the next step in its international and domestic growth strategy, which comprises both acquisitive and organic growth streams. Earlier this year, px Group announced its first major operational work outside of the UK at the Risavika Liquefaction Plant, in Norway.

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