New CEO Guy Takes the Helm at EnerMech
Aberdeen-headquartered services company EnerMech announced on Wednesday that John Guy has been appointed as Chief Executive Officer (CEO), succeeding company founder Doug Duguid, who will assume the role of Deputy Chairman.Guy’s appointment as CEO will become effective from August 1…
Carlyle Group Acquires EnerMech from Lime Rock Partners
Global alternative asset manager The Carlyle Group announces that it has agreed to acquire EnerMech Group Ltd, an international services company providing critical asset support to the energy, infrastructure and industrials sectors, from Lime Rock Partners.The transaction is expected to close in Q4 2018…
EnerMech Acquires Denholm Valvecare
EnerMech is expanding its valves division with the acquisition of the UK valves business of Denholm Valvecare (DV). The global integrated engineering services group has acquired the UK trade and assets of the valves division of family-owned Denholm Oilfield Services for an undisclosed sum.
EnerMech Records Group Profits
Mechanical engineering group, EnerMech, grew revenue by 27 percent in 2014 with turnover rising to £258.9 million from £202.5 million, while profits (EBITDA) increased from £14.2 million to £26.7 million. In the latest accounts to December 2014 lodged at Companies House, EnerMech’s U.K.
EnerMech Secures $53.4m Cranes Contracts
EnerMech has secured six new or renewed cranes and lifting contracts in the UK North Sea sector valued in excess of $53.4 million. The Aberdeen headquartered mechanical engineering group agreed extensions to contracts with Apache North Sea, Maersk Oil and Marathon Oil, and first time or additional workscopes with Centrica Storage/HRL…
EnerMech Set for Growth in Middle East and Caspian
Halliburton Veteran Takes Up Key Director Role. EnerMech’s focus on strengthening its Middle East and Caspian business has been underlined with the appointment of oil and gas industry veteran Dave McLeod as Regional Director. The mechanical engineering group has an extensive…
EnerMech Acquisitions Extend its Presence in US, Africa
Oil and gas engineering specialist, EnerMech, has extended its international presence in the cranes and lifting and valves sectors with two acquisitions in the USA and Africa. The combined value of the deals is said to be approximately £4 million and are forecast to add an extra £25 million to group revenues over the next three years.
