Energy firm sold

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A MILTON Keynes based company of energy assessors and low carbon building professionals has been sold to multinational Kingfisher, the owners of the B&Q stores.

The sale of National Energy Services (NES), based in Davy Avenue, Knowhill, was completed via corporate finance firm MacIntyre Hudson, in Silbury Boulevard, Central Milton Keynes.

MacIntyre Hudson’s corporate finance team, headed by partner Laurence Whitehead and assisted by Craig Chamberlain and Brad Agnew, advised the vendors on the sale. Specialist tax advice was provided by Rachel Salter and Gareth Peters.

London-based corporate lawyers Bates Wells & Braithwaite, led by partner Mark Tasker, provided legal support to the vendors.

NES has championed the benefits of energy certificates for buildings for more than 20 years. NES services include training and qualifications for energy assessors, accreditation schemes for energy assessors and home inspectors.

Kingfisher’s brands include B&Q and the purchase of NES will serve to accelerate Kingfisher’s growth plans in the fast-growing energy efficiency sector.