Aberdeen’s Universal Inspection bought by Dutch firm

Post Thumbnail

Netherlands-based Hendrik Veder Group (HVG) has acquired Aberdeen’s Universal Inspection (UI) as it seeks a move into the UK offshore sector.

UI, which employs 17 staff at its Altens base, will support HVG as it targets the subsea, maritime and renewables sectors.

HVG is a provider of steel wire and fibre optics as well as lifting services which already has an office in Aberdeen, and employs 130 people across Europe.

The fee it has paid for UI, which specialises in lifting and inspection services offshore, has not been disclosed.

The Dutch firm said the acquisition would facilitate its UK and international growth strategy.

HVG UK managing director Findlay Moir said: “We see this is a strategic acquisition that will allow us to further expand our business and deliver new products and services from the Group.

“It allows us to increase our European footprint, supporting our aim of becoming the market leader in lifting and inspection products and services.

“With the additional services provided by Universal Inspection, we will now also be able to further supply and support our clients on a global basis.

“All of HVG’s locations will work closely together with Aberdeen to ensure customers receive the most efficient service from each location; the Group production capacity and the sizable distribution network will contribute to fast and reliable deliveries.”

Martn Watts, who owned a controlling stake in UI prior to the sale, is stepping down as managing director but will continue in his role as client relationship director.

Existing operations manager at HVG Stewart Groves and sales manager Jamie Lynch will be based in Aberdeen to lead the business locally.

Breaking