Hercules buys second power sector labour firm

Hercules Expands Power Division

Hercules has acquired Lyons Power Services, a labour supply specialist in the power sector, for £702,800.

The deal, split equally between cash and Hercules shares, gives the company control of a key player in switchgear and substation commissioning across the UK and overseas.

The deal follows Hercules’ June purchase of Advantage NRG, a supplier of overhead linesmen, and further strengthens its position in the fast-growing energy infrastructure market.

Lyons Power Services generated £1.4m revenue and £0.29m pre-tax profit in the year to 31 January 2025, with clients including Siemens, SSE and other major DNOs.

Hercules' expansion comes as National Grid embarks on a £58bn network upgrade programme.

Author's summary: Hercules buys Lyons Power Services for £702,800.

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Construction Enquirer Construction Enquirer — 2025-10-15

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