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‘Capula is a perfect match for the existing Imtech organisation in the UK’ - René van der Bruggen, CEO Imtech
July 2012Issue 02
Capula is acquired byImtechTechnical ServicesImtech strengthens its UK position in energy,waste water, industrial processing and ICT,and issued a pressrelease following the acquisition:Gouda - Royal Imtech N.V. (IM-AE, technical servicesprovider in and outside Europe) announces theacquisition of Capula, a technical services provider inthe UK with an annual revenue of around £40 million.The acquisition price of approximately five times thecompany’s EBITA will be paid in cash. Thisacquisition, which will contribute immediately to theearnings per share, will strengthen Imtech’s positionnot only in the energy market but also in the wastewater, industrial processing and ICT markets.Collaboration with Imtech’s existing divisions will meansubstantial additional growth within Capula as well asgrowth for Imtech’s existing portfolio.
‘Capula is a perfect match for the existing Imtechorganisation in the UK,’ says René van der Bruggen,CEO Imtech. ‘Today, Imtech’s operations with its 3,300employees in the UK make our company one of thelargest providers of technical services – includingtechnical management andmaintenance – in the fieldsof energy, waste water treatment, buildings, industry
and ICT. By acquiring Capula, we will substantiallystrengthen our position in not only the energy marketbut also in the markets of waste water, industrialprocessing and ICT.
This will give our activities a real boost, lead tocross-selling, broaden our profile and eventually resultin considerable growth.’
Capula profile
Capula was founded in 1969 and has its headquartersin Stone, a town in the Staffordshire region which islocated centrally in the UK. It also has regionalbranches in Gloucester, Cumbria, Aldermaston andAberdeen as well as small site offices at variouscustomer locations where Capula has been operatingfor many years. Larger customers include: Drax,Alstom, National Grid, United Utilities, Areva, ThamesWater, ABB, Scottish and Southern Energy, YorkshireWater, British Energy, AMEC, Waste to Resources andScottish Power.
Capula provides practically national coverage in allthe important economic regions in the UK. At present,Dunedin (private equity) owns 74% of the company
with the company’s management owning theremaining 26%.
Capula specialises in providing total technicalsolutions in the field of process automation in theenergy and utility markets. This comprises powerplants (nuclear power plants, water plants andsustainable power plants) as well as powerdistribution and power grids. But the company is alsoactive in complex technical facilities in theenvironmental, waste water treatment, and industrialoil and gas markets (including countless offshoredrilling platforms in the North Sea). Capula enjoysstrong market positions in all of these highlyspecialised market segments. The company isinvolved in providing 30 million people in the UK withtheir energy needs.
Capula is distinguished from its competitors by itshighly integrated IT solutions: advanced controlsystems (SCADA, PLC, etc.) as well as real-timebusiness intelligence, IT performance systems andhigh-tech telemetry solutions. These IT-relatedsolutions make it possible for customers to measuretheir business processes - an essential element...
Continued overleaf
inside Sellafield praises delivery team • Dounreay & BAE Systems exhibitions • IET • More...
www.capulanuclear.co.ukwww.capula.co.uk
positivenergyT H E Q U A R T E R LY N E W S L E T T E R F R O M C A P U L A N U C L E A R
Continued from page one
in effective operational management. At the same time,these competencies help customers comply with strictregulations relating to measuring and reducing theircarbon footprint.
Capula is characterised by its on-going innovationand is a leader in the application of many newtechnologies including waste-to-energy, powerelectronics, instrumentation, biomass and smart grids.The company is fully accredited in a number of areas(including: ISO 14001, ISO 9001 plus TickIT, CASS IEC61508, ISO 90003 and OHSAS 18001, including allsafety certificates).
Working as a team meansrapid growth
This acquisition strengthens Imtech’s position in theenergy, waste water treatment and industry marketssignificantly. Besides this, complementary technicalservices will enable cross-selling. Additionally, Imtech’sposition in the ICT market will be enhanced,particularly in the area of real-time business intelligenceand IT performance. Here again, this will make cross-selling with existing IT services possible. Imtech’sfinancial strength provides the perfect opportunity forCapula’s continued growth. At the same time, workingtogether with Capula will provide Imtech’s existingportfolio with a substantial impulse for growth.
Continuity
The company’s continuity is being ensured byretaining the entire management team.
Imtech profile
Royal Imtech N.V. is a European technical servicesprovider in the fields of electrical solutions, ICT(information and communication technology) andmechanical solutions. With 28,600 employees, Imtech
achieves annual revenue of more than 5.1 billion euro.Imtech holds strong positions in the buildings andindustry markets in the Netherlands, Belgium,Luxembourg, Germany, Austria, Eastern Europe,Sweden, Norway, Finland, the UK, Ireland, Turkey andSpain, the European markets of ICT and Traffic as wellas in the global marine market. In total Imtech serves23,000 customers. Imtech offers added value withintegrated andmultidisciplinary total solutions that leadto better business processes and more efficiency forcustomers and the customers they, in their turn, serve.
Imtech also offers solutions that contribute towards
a sustainable society, for example in the areas of
energy, the environment, water and mobility. Imtech
shares are listed on the NYSE Euronext Amsterdam,
where Imtech is included in the Midkap Index. Imtech
shares are also included in the Dow Jones STOXX 600
index.
www.imtech.co.uk
Imtechacquisition
new fuel waste processing safety systems health monitoring radiological surveillance materials trackin
IET gives presentation at CapulaThe Institution of Engineering and Technology (IET) delivered a presentation to a large audience of engineers
at Capula this week as the company moved to increase the number of Chartered and Incorporated Engineers
at the company.
The presentation concentrated specifically on the benefits of Professional Registration and how to achieve
it, but also covered the basics of membership and the networks, events and community structures that are
provided by the IET.
"Capula's reputation is largely built on the quality of our delivery, and as such we are developing closer links
with the IET by fostering and supporting a comprehensive programme towards achieving Professional
Registration status for a greater number of our staff," said HRManager Miles Kitchener, "Further to this, we're
working closely with the IET with a view to accrediting Capula's Professional Development scheme for staff."
Sponsored swimfor cancer charityCapula man Andy Thwaites (pictured left) is set tobrave the elements this August as he and friendSteven Haygarth participate in the Great ScottishSwim to raise money for charity.
Andy, a software engineer based at Capula’sWestlakes office in Cumbria, will attempt a mile-longswim in Strathclyde Park Loch in support of Leukaemiaand Lymphoma Research.
“Two years ago, my Mum was diagnosed withLeukaemia. After a number of months in hospitalhaving chemotherapy and a bone marrow transplant,she was given the all-clear and has made a greatrecovery since. This is why we chose to raise moneyfor Leukaemia and Lymphoma Research.” said Andy.
The pair had originally planned to take part in theGreat North Swim this month, but saw their allottedtime cancelled due to adverse weather conditions.
“Naturally that was disappointing,” said Andy,“But we’ve had such great support from friends,family and my colleagues at Capula, we decided wecouldn’t wait a year for 2013’s event and luckily theevent in Scotland still had places available for us.”Andy & Steven have already raised over £1,100 insponsorship and donations. You can support themhere: www.justgiving.com/andyandhaygy.
Sellafield praises Capula delivery teamCapula has successfully delivered a control andmonitoring solution at Sellafield, and received aglowing recommendation from the Sellafield Ltdproject team in the process.
Capula delivered a replacement control panel toupgrade the existing system in place for the ‘Low Flow’Detection system for the North and South ventilationextract systems. The solution features safety relays, asmall UPS and alarm annunciator.
Project Engineer Ian Elliott wrote to Capula on
behalf of the Sellafield project team, congratulatingeverybody concerned in manufacturing, testing, anddelivering of the control equipment requirement.
He said: “It is the first time I have worked with yourteam and must say it was a professional and goodexperience. The product you have delivered isexcellent quality and we are very pleased with yourperformance. It has been a very enjoyable contract towork on and I wish you and your company everysuccess in the future.”
ng life extension power generation defence EC&I design and manufacture IT solutions support services
PREFERRED BIDDER FOR HINKLEY POINT
A joint venture between Bouygues and Laing O'Rourke has
been selected by EDF Energy as the preferred bidder for the
contract for civil works to construct the planned new plant at
the existing Hinkley Point site in southwest England. A final
investment decision on the project has yet to be made.
EDF Energy announced that it had chosen a joint venture
between French construction group Bouygues and Laing
O'Rourke - the largest privately-owned construction
company in the UK - as the preferred bidder for the contract
to build the Hinkley Point C plant. A consortium between the
UK's Balfour Beatty and France's Vinci had also been vying
for the contract.
The contract - worth some £2.0 billion ($3.1 billion) -
includes the construction of the main civil works for the
nuclear island, the conventional island and supporting
structures. The work is subject to planning consent and EDF
Energy taking its final investment decision at the end of this
year.
AMBITIOUS ROSATOM LOOKS TO 'AMBITIOUS' UK
Russia's state atomic energy corporation Rosatom is
interested in entering the UK nuclear market and is
beginning preliminary work to do so, officials said at
AtomExpo.
A press conference at AtomExpo in Moscow on 5 June 2012
saw deputy head of Rosatom Kirill Komarov give a run-down
of the company's nuclear new build projects in its domestic
market as well as in India, Turkey and Vietnam. "Rosatom is
interested in nuclear programs everywhere in the world," he
said, "there is no country in which we will not be interested to
build a plant. We are quite ambitious in this respect."
"We are monitoring the development of the British
program closely and we will probably take part," said
Komarov. "Great Britain has the most ambitious program in
Europe and we are of course interested in this market as a
company that can provide the technology and also the funds...
but to progress we need to do a lot of preliminary work,
including licensing."
He said Rosatom was consulting various stakeholders
but it was "premature" to talk of it joining any of the UK's
current new build consortia, rejecting any link with EOn and
RWE's joint venture Horizon which is entering a sale process.
EU NUCLEAR SECURITY ON TRACK
A review of nuclear security across the European Union (EU)
has identified an extensive set of good practices and has
urged member states to continue their efforts and
co-operate both within the EU and further afield.
The EU's technical response to the Fukushima accident of
March 2011 took two tracks: The first tackled safety through
the program of stress tests performed on a plant-by-plant
basis; The second dealt with security in relation to "theft,
sabotage, unauthorised access, unauthorised movement of
nuclear material or other malicious act."
This was carried out by the Ad-Hoc Group on Nuclear
Security (AHGNS), whose report has now been published. It
is focused on methods for security evaluation, preventive
measures and protection of nuclear power plants with the aim
of sharing good practices and improving general security
principles.
News from around theNuclear industry
What else is happening at Capula?
Hinkley Point - courtesy of EDF Energy
source: www.world-nuclear-news.org
CAPULA CONTROLS FOR IRONBRIDGE BIOMASS
Capula has been awarded a significant contract for a new
control system at E.ON’s Ironbridge power station.
In line with recent Government incentives for renewable
energy obligations, E.ON has taken the decision to convert
the power station’s two 500MW generating units to operate
through the co-firing of coal and wood pellets.
Capula has been engaged via the main contractor (AJS
Contracts Ltd, part of the Hargreaves Group of companies) to
provide the control system for the new fuel handling plant,
responsible for the following plant: rail receipt & unloading,
coal conveying, new & converted wood pellet material
conveyors, new fuel store and bunker filling conveyors.
CAPULA'S ACHILLES SCORES UP ON 2011
Capula has recorded excellent results in its annual Category
B2 Assessment by Achilles, outscoring last year’s figures in
the process.
Capula Chief Executive Roger Turner said: “Achieving this
accreditation from Achilles illustrates Capula’s commitment to
high standards in safety, health, environmental and quality
practices and procedures.”
CAPULA SUPPORT RENEWED BY RUGELEY
Capula is pleased to announce that International Power has
recently extended our support arrangements for Rugeley
power station until 2013. The support covers control desk
equipment for two units and the control desk for the flue gas
desulphurisation plant previously implemented by Capula.
As part of the agreement, Capula will provide 24/7/365
telephone support and will respond to site within four hours
if required. Rugeley power station will also have access to
skilled engineers for consultancy and enhancement works.
SCADA UPGRADE FOR DRAX POWER STATION
Capula has been contracted by Drax Power Limited (Drax) to
upgrade the control system of a key area of plant at the power
station to support their ongoing business strategy.
Upgrading the Materials Handling plant control room
SCADA will provide improved system performance.
Expansion of the system capacity will also allow Drax to take
advantage of additional client numbers, accommodating
increased demand on the SCADA.
CONTROL SOLUTION FOR THAMES WATER
Capula has been awarded a key contract to update the
control system at Thames Water's Ashford Water Treatment
Works. The site supplies clean water resource to several
hundred thousand customers across Thames Water’s
network.
Having identified a need to upgrade their site’s Power
Management System in line with an increase in site capacity,
Thames Water engaged Capula to replace the PLC & SCADA
hardware and control functions. Capula’s scope of work will
provide additional site monitoring, control and resilience, while
a nine-metre mosaic mimic panel will be installed for manual
control of the Generators and Circuit breakers.
CONDENSATE POLISHING PLANT REFURBISHMENT
Capula has been engaged by Scottish Power (part of the
Iberdrola Group) to carry out a contract for the refurbishment
and modernisation of the Condensate Polishing Plant on the
four 600MW generating units at Longannet power station.
The Condensate Polishing Plant is used to regenerate the
water used in the boiler cycle to minimise plant corrosion
which can happen as a result of chemical properties in the
demineralised water degrading over time.
Capula's scope of work will cover the complete
refurbishment of the control and instrumentation systems,
including the replacement of valves and orifice plates,
installation of new electrical actuators, modifications to plant
pipework and improvements to the plant drainage systems. In
addition, Capula will also carry out civil works, installation of
electrical cabling and network integration.
>>> For further news, visit www.capula.co.uk
What was the last film you saw?
Despicable Me on 3D blu-ray.
What are your pets called?
I don’t have any right now, but I’d like a big
dog called Edison & an owl called Malcolm.
Who was the last band you saw live?
A local band called The Bad Rats. Before
that I saw Styx, Journey and Foreigner.
Foreigner were fantastic.
Where do you go to relax?
I have a Man Room in my house, I go up and
play a lot of guitar.
What reading material do you go for when
you get a few minutes?
I usually browse the web and learn
something. Either programming, electronics
or guitar-related.
What’s the first thing you would do if you
were Prime Minister?
Go and see the Queen.
What’s your biggest claim to fame?
I went for a Sony recording contract once.
What has been the scariest thing to happen
to you in your life?
Being abducted by aliens and not fitting
through the hatch of the spaceship!
Are you a good dancer?
Terrible, but I like getting my groove on to the
Bee Gees!
What do you miss most about being a kid?
Third helpings because I was a growing lad!
What was your favourite TV show as a
child?
MacGyver. He was brilliant and a hit with the
ladies!
Who was your celebrity crush when you
were younger?
I didn’t have one, I always found
myself having crushes on people I knew.
Best advice you’ve ever been given?
Always use the right tool for the job.
What are you like at the dentists?
Cool as a cucumber - I was pretty accident-
prone as a kid and
was always
spending
time at the
doctors, the
hospital or
the dentist!
Next issue -
Rachel Cotton
Getting to know you...This issue:James Bennett,Systems Engineer based in Stone
positivenergy is published byCapula Nuclear.
If you have any stories orinformation you feel should beincluded in a future issue ofpositivenergy, or have anycomments to make about thenewsletter, then contact:
Steve Braund (01785) 827106steve.braund@capula.co.uk
Capula Nuclear • Beacon House • Stone Business Park • Stone • Staffordshire • ST15 0NN • T: 01785 827000 • W: www.capulanuclear.co.uk
NEW APPOINTMENTS We continue topush forward with our recruitment ofSQEP staff for the nuclear industry,and we are delighted to announceseveral new additions to Capula whowill be working on Nuclear projects:Jane Goode rejoins Capula in the roleof Senior Engineer, and Eddie Maddoxhas moved across from the Utilitiesside of Capula’s business to apply hisexpertise to our Nuclear projects - alsoas a Senior Engineer.Glyn Pengelly and Chris Surplice joinus as Lead Engineers while GrahamGoode rejoins the company in thesame capacity, all bringing a wealth ofdelivery experience with them.Cian Wilmot is a recent graduate andthe latest to join us through ourpopular and highly successfulgraduate recruitment programme.Visit www.capulanuclear.co.uk to viewour current vacancies.
NIA & NI ANNUAL DINNER Capula hasconfirmed its attendance for thisyear’s Nuclear Industry Association &Nuclear Institute Annual Dinner inDecember. Capula is a proud memberof the NIA and is looking forward tosupporting this excellent event.
EXHIBITION A SUCCESS DESPITE THEWEATHER Capula enjoyed an excellentday at the Technology & Innovationat BAE Systems in Barrow recently,despite the best efforts of the weatheras storms battered the country. “Itwas so loud at one point that we wereshouting at the top of our voices to beheard above the rain and thunderoutside,” said Steve Braund, one ofCapula’s delegates, “But everyoneseemed to be making the most of theoccasion and it was certainly apositive experience for Capula thatwe’ll be looking to repeat.”
INBRIEF
Foreigner
James Bennett
CAPTION
TV celebrity Pete Waterman visited
Capula last summer to film an
episode of BBC Inside Out which
talked about
graduate recruitment.
What we want to know is:
What was Pete saying to our
Marketing Manager Steve
Braund when this photo was
taken?
E-mail your suggestions through to
positivenergy@capula.co.uk and
the winning entrant will have their
caption printed in the next issue.
Closing date for entries:
Friday 14 September 2012
ccoommppeettiittiioonn!!