Dragon Engineering Services Ltd has been acquired by Ingenieria Group, part of Opulentia Capital.
The Exciting Acquisition: Dragon Engineering Services Ltd Joins The Ingenieria Group
The Ingenieria Group, a dynamic investment holding company supported by Opulentia Capital, is thrilled to announce its recent acquisition of Dragon Engineering Services Limited. This strategic move marks an important milestone for both companies and sets the stage for a future filled with growth and success.
Operating from its state-of-the-art 20,000 sq ft metal fabrication facility in Swansea, United Kingdom, Dragon Engineering Services Ltd has established itself as a leading provider of steel fabrication, welding, architectural metalwork, and on-site services. With a track record of successful projects ranging from small frame buildings to fire escapes and staircases, Dragon Engineering Services has earned a reputation for excellence in the industry.
Located at St Davids Works, St Davids Road, Swansea Enterprise Park, Swansea SA6 8QL, Dragon Engineering Services Ltd has become a cornerstone of the local business community. Now, with the backing of The Ingenieria Group, they are poised to reach new heights of success.
Simon Wainwright, an esteemed industry veteran with 30 years of experience and Chairman of Ingenieria Group, expressed his enthusiasm for the acquisition, stating, “We are delighted to welcome the Dragon Engineering team into the Ingenieria Group. Together, we will achieve synergistic growth within the group, driving innovation and delivering exceptional value to our clients.”
Kevin Hanbury, a seasoned professional with 40 years of industry experience and Managing Director of Dragon Engineering Services Ltd, shared his excitement for the future, saying, “The Ingenieria Group has already made a significant impact on our business, securing an impressive £4 million worth of extra orders in the first two months of 2023.”
With the combined capacity and expertise of the Group companies, they have captured the attention of new and existing customers, instilling confidence and encouraging larger contracts. This expansion presents an exciting opportunity for the group, its management, and employees, as they strive to become the premier engineering group in the UK.
Paul Seabridge, Group CEO of Opulentia Capital, expressed his enthusiasm for the venture, saying, “We are excited to be entering this new sector with vast potential for growth, right here in my homeland, Wales.”
About Ingenieria Group:
The Ingenieria Group, led by Group Chairman Dr. Simon P. Wainwright, is an investment holding company with a bold vision to build a £100M – £250M revenue group in the Engineering sector within the next five years. Their strategy involves aligning with well-established and successful companies, leveraging the benefits of being part of a larger group, and creating the best services for their clients. By driving positive change in each subsidiary’s local environment and capitalizing on economies of scale, the Ingenieria Group is poised to become a transformative force in the engineering industry.