Leading UK utility and infrastructure supplier, Network Plus and specialist civil engineering consultancy XEIAD, have today announced the formation of a joint venture – NPX.
NPX has developed its offering based on the strength of Network Plus’s experience in the repair and maintenance of large-scale linear assets and XEIAD’s civil engineering expertise and ability to access any structure using rope access, diving and confined space techniques cost effectively and safely.
The joint venture’s ambition is to become the partner of choice for large infrastructure owners and managers who want to keep their infrastructure safe, reduce long-term cost of operation and lengthen the life of their assets.
The use of technology will be central to NPX’s offering. Based on decades of experience the JV are proposing to accelerate the process of digitalisation and smart data capture to cut reporting times, reduce site risks and costs. The introduction of Machine Learning and Artificial Intelligence will gradually help to accelerate and automate defect recognition and structural analysis. NPX’s aim to integrate the best technology and innovations available will help tailor solutions to customer’s priorities, ambitions and budgets.
Smarter asset management strategies will allow asset owners and managers to make faster, safer and better-informed decisions about asset life optimisation as well as maximising their infrastructure’s operational time for end users.
NPX will predominantly serve the needs of customers in the Transportation, Renewable, Utilities, Central and Local Government, Marine and Petrochemical Industries.
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Olivier Garrigue, XEIAD CEO commented: “This JV will be a fantastic opportunity for XEIAD to generate a step change in its growth path and for Network Plus to penetrate new markets. It will not only allow us to grow and introduce innovation faster, but also to create additional economies of scale improving competitivity. We are really looking forward to working with Network Plus, creating new opportunities to further develop our respective businesses serving the needs of our valued customers.”
Dan Holland, Joint CEO, Network Plus said: “We recognise that bringing together both organisations creates a really powerful and compelling offer in the marketplace which will set us apart. XEIAD provide a wealth of specialist engineering services we can access and showcase to potential clients. We are particularly excited by the prospect of offering latest innovative approaches to address engineering challenges, especially in the transport and infrastructure sectors.”
NPX JV will target new opportunities in the rail, highways, utility and defence sectors.
Complimentary Skill Set: The NPX JV offers a range of core complimentary skills sets from two leading companies in their respective fields.
XEIAD offer consultancy, structural engineering survey, inspection and investigation services on a range of difficult to access assets including bridges, culverts, shafts, dams and underwater rail and highway assets, together with specialist access techniques and equipment such as rope, confined space, diving and drone inspections.
Network Plus carry out a range of services for major blue-chip organisations in the water, power, telecoms and gas sectors. Specialising in a broad range of activities from survey and design, repair and maintenance through to construction, the company has undergone significant growth in the last three years through the award of long-term contracts. Last month, Network Plus was recognised in the Sunday Times PwC Top Track 250 companies.