Aggreko Acquires A Contact Electric Rentals, LP.

Acquisition further cements Aggreko’s position as a leader in the
provision of power, heating and cooling solutions

HOUSTON–(BUSINESS WIRE)–Aggreko
plc, has completed the acquisition of A
Contact Electric Rentals, LP (“A Contact”), a provider of
specialized medium and high voltage electrical distribution and
transformer rental equipment, for an undisclosed amount.

Headquartered in Houston, Texas, A Contact has a strong presence in many
of the markets Aggreko serves including the utilities,
petrochemical/refining, and oil and gas industries. The acquisition of A
Contact reinforces Aggreko’s position as the leading provider of
specialty power solutions.

A Contact’s success has been built on its ability to supply electrical
equipment such as: I-line panels, highly specialized medium or high
voltage gear, switches, starters, transformers and variable frequency
drives, to quickly meet customer demands. The company stocks the largest
electrical equipment inventory in North America and has built strategic
relationships with several industrial electrical equipment manufacturers.

The additional capability Aggreko has acquired will enhance its
specialized customer offering and enable them to continue delivering
great value solutions for customers across all sectors. It will also be
able to provide a niche electrical distribution offering.

“We continue to focus on targeted acquisitions that further establish
Aggreko as the leader in specialty power, heating and cooling
solutions,” said Russell Schuster, managing director, Aggreko. “This
acquisition will allow us to provide an unparalleled range of turnkey
electrical services to address our customers’ power generation needs,
and capture a greater portion of market share in the industries we
serve. We welcome A Contact to the Aggreko family.”

“We are proud to have grown A Contact into a premier electrical
distribution rental company," said Clay Jones, founder and CEO of A
Contact Electric Rentals. "Aggreko is an ideal strategic fit for A
Contact, and I look forward to seeing how they continue to grow the
business.”

Hans Schellstede, president of A Contact Electric Rentals, said: “We are
excited to join the Aggreko organization and provide our customers with
an integrated platform for expanded rental power solutions in North
America and other global regions served by Aggreko.”

Schellstede will join Aggreko immediately and Jones will exit the
business to focus on developing commercial real estate for industrial
storage. A Contact, now with Aggreko’s support, will continue to
maintain seamless operations and provide exceptional customer service
from the company’s locations across the U.S.

For more information, visit www.us.aggreko.com.

EDITOR’S NOTES

Around the world, people, businesses and countries are striving for a
better future – a future that needs power and the right conditions to
succeed.

Aggreko works round the clock, making sure everyone gets the
electricity, heating and cooling they need, whenever they need it – all
powered by our class-leading equipment, trademark passion, unrivalled
international experience and local knowledge. From urban development to
unique commercial projects and even humanitarian emergencies, we bring
our expertise and equipment to any location, from the world’s busiest
cities to some of the most remote places on earth.

That’s what has made us the world’s leading provider of modular, mobile
power and heating and cooling. We’ve been in business since 1962. We
have more than 7,300 employees, operating from more than 200 locations
in 100 countries. With revenues of approximately GBP 1.6bn (USD 2.6bn or
Euros 2bn) in 2016, we are listed on the London Stock Exchange (AGK.L)
and have our headquarters in Scotland.

Our business helps transform the lives and livelihoods of individuals,
organisations and communities across the globe, in both developed and
developing countries and markets.

We operate across all sectors, including oil and gas, petrochemical and
refining, utilities, manufacturing, construction, mining and events.

We design and manufacture equipment specifically for these requirements
in our factory in Dumbarton, Scotland and work with leading innovators
to ensure our equipment offers maximum fuel flexibility, by using gas,
diesel (including HFO) and renewable fuel sources.

For more information, please visit our local website at: aggreko.com

Contacts

Ward for Aggreko
Molly LeCronier, 713-869-0707
Vice President
[email protected]