Specialist contractor Thermal Transfer (TT) has been acquired for £20 million by ETDE, the electrical contracting/ maintenance subsidiary of Frenchowned Bouygues Construction.
A statement from the new owners said: “By acquiring Thermal Transfer, ETDE is in a position to extend its expertise in air-conditioning and M&E services, two high-growth segments, and to broaden its customer base to now cover the UK’s private sector.”