Cross purchases: how trends in supplier acquisitions are affecting utility spending

Half of utility sector acquisitions in 2025 were in a different business category, suggesting that supplier ownership changes are being driven not just by consolidation in existing segments, but by strategic expansion into new product and service areas. 

In a recent brief, Wood Mackenzie took a look at what these supplier acquisitions mean for utility spending. Fill in the form to receive a complimentary copy of the report and read on for a quick introduction. 

Around 78% of acquired suppliers in 2025 were specialised firms, indicating that most purchases were largely focused on concentrated capabilities and clearly defined niches. 

As most acquisitions involve specialised vendors, companies should closely monitor pricing, service levels and product roadmaps in these relationships. Here, ownership transitions may have a more direct impact on performance and cost. 

Computer software and equipment maintenance services have consistently accounted for the majority of acquisitions over the past three years. 

To receive a complimentary copy of our brief and read more of our analysis, fill in the form at the top of the page.