Nevis' acquisition of Thistle Generators strengthens Dieselec's presence in the UK sustainable power market, enhancing its capabilities and market share.
Target Information
Nevis has successfully orchestrated the acquisition of Thistle Generators, Dieselec's largest competitor in Scotland, culminating in the formation of Dieselec Thistle. This strategic move not only enhances the operational scale and capabilities of Dieselec but also establishes a robust platform for future expansion throughout the UK.
Under the guidance of Nevis, Paul transitioned from a Scottish dealer of FG Wilson diesel generators to a prominent provider of diverse sustainable power solutions in the UK market. The rebranding to 'DTGen' aligns with the company’s evolution from primarily offering backup diesel generators to a comprehensive range of green and renewable energy solutions, supporting clients on their journey to achieve net-zero emissions.
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Industry Overview
The sustainable power solutions industry in Scotland is witnessing significant growth, driven by an increasing focus on environmental sustainability and a transition away from fossil fuels.
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Nevis
invested in
Thistle Generators
in 2023
in a Management Buyout / Buy-In (MBO) deal