Glacier Energy Services Acquires Ross Offshore

MarineLink.com
Thursday, August 22, 2013
(l-r) Glacier Energy Services chairman, Scott Martin; Ross Offshore director Toby Ross; Glacier: Offshore MD Mark Derry; engineering technician Craig Marr.

International oilfield specialist Glacier Energy Services confirmed the acquisition of Aberdeen-based Ross Offshore in a multi-million pound deal, further extending its onsite specialist technical support offering to the energy industry.

The purchase sees Glacier Energy Services establish an offshore division headquarters at Ross Offshore's modern facility at Peterseat Drive in Aberdeen.

Following the acquisition, Glacier has a combined turnover of more than £15million, with a global staff of 110 people across its operational hubs in Glasgow, Newcastle and its recently-opened Southeast Asia base in Singapore.

In line with Glacier's other companies – Roberts Pipeline Machines, Site Machining Services (SMS) and Wellclad – the business will retain the Ross Offshore brand while operating as part of the wider group.

It is Glacier's fourth acquisition, following the purchase of specialist onsite engineering provider Site Machining Services in June 2012, and it is expected that further deals will be taken forward in the coming months.

Mark Derry, managing director of the Glacier: Offshore division said, "Ross Offshore is a natural strategic fit for our offshore business, enhancing the range of onsite technical services we can deliver for operators and service companies.

“Ross Offshore's equipment and technology support capability complements Site Machining Services' specialist engineering offering, allowing us to deliver high-quality solutions including installation, repair, refurbishment and replacement of heat exchangers."

Glacier: Offshore already delivers equipment development and manufacture, through Roberts Pipeline Machines, with SMS' industry-leading technicians providing onsite support to those technologies.

Toby Ross, founder and managing director of Ross Offshore, who will continue to lead the business, said: "The acquisition allows Ross Offshore, as part of the Glacier group of companies, to fuel significant growth and achieve even more success by broadening our service.

"Working closely with our fellow Glacier companies we expect to increase our client base and market share, by delivering significant value to offshore projects through a combined high-standard offering in technical services."

Glacier Energy Services group chairman, Scott Martin, said: "Glacier is successfully building for the future and through Ross Offshore, with which the group has a long-standing relationship, there is excellent further growth potential for the business.

"Bringing Ross Offshore onboard is another key element of our growth-through-acquisition strategy, supported by investment from Maven Capital Partners and Simmons Parallel Energy."

glacialenergy.com
 

  • Engineering technician Craig Marr measures-up a heat exchanger at Ross Offshore's Peterseat Road facility.

    Engineering technician Craig Marr measures-up a heat exchanger at Ross Offshore's Peterseat Road facility.

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Cargotec Solely owns China Crane

Cargotec and CAG Marine Holding Limited, which is in turn wholly owned by Carlyle Asia Growth Partners IV, L.P. and CAGP IV Coinvestment, L.P. (jointly referred

Hamburg Süd Completes CCNI Takeover

Effective 27 March 2015, Hamburg Süd has taken over the container liner activities of Compañía Chilena de Navegación Interoceánica S.A. (CCNI) including the

MacGregor Appoints Høyesen as VP

MacGregor reorganised into seven operative divisions in the beginning of 2015 to improve customer focus. Offshore Mooring and Loading Division drives the development

Energy

MacGregor Appoints Høyesen as VP

MacGregor reorganised into seven operative divisions in the beginning of 2015 to improve customer focus. Offshore Mooring and Loading Division drives the development

SCI takes Delivery of VLCC "Desh Vibhor"

The Shipping Corporation of India Ltd. (SCI) accepted delivery of a Very Large Crude Oil Carrier (VLCC) on 28th March, 2015. The vessel has been named as m.t.

Methanol Powered Ferry Launched in Baltic Sea

Swedish ferry operator Stena Line has announced that it has converted the Stena Germanica to run on methanol, an industry first.   The company spent $24 million on converting the ship to methanol.

News

Cargotec Solely owns China Crane

Cargotec and CAG Marine Holding Limited, which is in turn wholly owned by Carlyle Asia Growth Partners IV, L.P. and CAGP IV Coinvestment, L.P. (jointly referred

Hamburg Süd Completes CCNI Takeover

Effective 27 March 2015, Hamburg Süd has taken over the container liner activities of Compañía Chilena de Navegación Interoceánica S.A. (CCNI) including the

MacGregor Appoints Høyesen as VP

MacGregor reorganised into seven operative divisions in the beginning of 2015 to improve customer focus. Offshore Mooring and Loading Division drives the development

Marine Equipment

MSC Acquires Second Boxship

MSC Oliver was inaugurated at the DSME shipyard in Busan, South Korea, just two months after the delivery of MSC OSCAR Today it was the turn of Oscar’s cousin,

SCI takes Delivery of VLCC "Desh Vibhor"

The Shipping Corporation of India Ltd. (SCI) accepted delivery of a Very Large Crude Oil Carrier (VLCC) on 28th March, 2015. The vessel has been named as m.t.

Heerema Signs LOI with Jurong Shipyard for Giant Crane Vessel

Dutch offshore contractor Heerema Offshore Services has signed a letter of intent (LOI) with Sembcorp Marine’s Jurong Shipyard in Singapore for the construction

Mergers & Acquisitions

Cargotec Solely owns China Crane

Cargotec and CAG Marine Holding Limited, which is in turn wholly owned by Carlyle Asia Growth Partners IV, L.P. and CAGP IV Coinvestment, L.P. (jointly referred

Hamburg Süd Completes CCNI Takeover

Effective 27 March 2015, Hamburg Süd has taken over the container liner activities of Compañía Chilena de Navegación Interoceánica S.A. (CCNI) including the

MSC Acquires Second Boxship

MSC Oliver was inaugurated at the DSME shipyard in Busan, South Korea, just two months after the delivery of MSC OSCAR Today it was the turn of Oscar’s cousin,

Offshore Energy

MacGregor Appoints Høyesen as VP

MacGregor reorganised into seven operative divisions in the beginning of 2015 to improve customer focus. Offshore Mooring and Loading Division drives the development

Severn Provider Ready for Offshore Markets

The naming ceremony took place today for Severn Offshore Services Ltd.’s new multipurpose wind farm vessel, Severn Provider, built at Damen Shipyards Gorinchem in the Netherlands.

Keppel FELS Delivers 11th Jackup to Mexico

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered a KFELS B Class jackup rig to Mexican national oil company,

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3428 sec (3 req/sec)