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Birmingham Post
Birmingham Post
Business
Andrew Arthur

Electrical contractor expands with deal for solar panel firm

Electrical contractor Clarkson Evans has acquired a solar panel installation firm, for an undisclosed sum.

The Gloucestershire firm has taken a majority share in Northampton-based Futurelec, which fits solar power systems on new-build homes. As part of the agreement Futurelec will be rebranded to Clarkson Evans Solar.

The deal was facilitated by funding from bank HSBC, which Clarkson Evans had secured to undergo a management buyout.

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