Renew buys utilities contractor Excalon

Infrastructure maintenance giant Renew has acquired utilities contractor Excalon in a deal worth up to £26m
Renew said the move will allow it to expand into the electricity transmission and distribution market.
Salford based Excalon specialises in the provision of high voltage infrastructure to the UK electricity sector and has a number of long-term frameworks with electricity Distribution Network Operators (DNO) across the UK.The initial consideration of £22m has been funded from th