McKinnon & Clarke’s purchase of Encore signals M&A trend
International energy procurement and compliance specialists McKinnon & Clarke (M&C) have purchased risk management firm Encore for £6.25 million ($9.32 million), in a move industry participants say indicates a developing trend for further consolidation in the energy services sector.
According to Mark Dickinson, director of risk management at M&C, the consolidation of smaller-niche energy service providers is to be expected over the next few years. “When you’re a small, niche player, it’s
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