Drax acquires leading UK EV charge point installer BMM Energy Solutions
Drax Energy Solutions, part of the Drax Group, is strengthening its fleet electrification proposition to UK business with the acquisition of BMM Energy Solutions (BMM).
The deal completed on 31 August 2023 and BMM is now a wholly owned subsidiary of Drax Group PLC.
BMM, who specialise in the installation and maintenance of electric vehicle (EV) charge points, have been Drax’s primary installation partner since 2018. Together the companies have electrified the fleets of businesses including FI Real Estate, SES Water and Travis Perkins.
The acquisition of BMM will strengthen Drax’s end-to-end charging proposition to UK businesses as well as demonstrating its commitment to supporting them achieve their Net Zero ambitions.
BMM was founded in 2013 by Terry and Mark Mohammed and has enjoyed significant growth to become one of the UK’s leading EV charge point installation firms. To date, BMM has installed over 13 thousand EV charge points.
Adam Hall, Director of Energy Services at Drax Group, said:
“Businesses who are serious about sustainability need to electrify their fleet and offer on-site charging for employees. The acquisition of BMM means we now offer a complete end-to-end journey – from vehicle suitability assessments through to charge point installation, operation and maintenance. We’re looking forward to welcoming the BMM team to Drax and working together to grow the combined business.”
Terry Mohammed, CEO at BMM Energy Solutions, said:
“We’re excited about joining Drax, and this deal is the next great step in our growth journey. Integrating our installation and maintenance skills into the business will ensure that Drax’s clients can benefit for years to come.”
BMM’s management and staff will join the Drax team and continue to operate from BMM’s existing sites in the UK - Airdrie, Scotland and Gatwick, South East England. Drax and BMM have plans to look at opening other locations in the future to effectively service the evolving needs of their customers.