Well-Centric takes over rival firm to create ‘Unity’

(from left to right) Stuart Ferguson, CEO (FrontRow Energy Technology Group), Craig Morrice, Finance Director (Well-Centric), Brian Kelly, General Manager (Simmons Edeco) and Gary Smart, CEO (Well-Centric)
(from left to right) Stuart Ferguson, CEO (FrontRow Energy Technology Group), Craig Morrice, Finance Director (Well-Centric), Brian Kelly, General Manager (Simmons Edeco) and Gary Smart, CEO (Well-Centric)

Aberdeen-based Well Centric has taken over rival well integrity specialist Simmons Edeco Europe.

The deal, for an undisclosed figure, will create the largest independent firm of its kind in the UK, and will trade under a new the name of “Unity”.

Simmons Edeco Europe has bases in Great Yarmouth and Esbjerg in Denmark, while Well-Centric employs 40 people in Aberdeen.

The new firm will employ more than 120 staff across the three facilities.

Gary Smart, Unity CEO said: “Together we are a great fit, having expertise and experience with all types of wellhead equipment, regardless of the original manufacturer.

“As a dynamic independent provider, we are obsessive about the quality and speed of our work and determined to help our customers assure the integrity of their wells while reducing their costs.

“Together we are also a stronger, more resilient market player, with a full-service capability and a growing technology portfolio.

“With Unity we now have a strong base from which to grow our business across Europe and beyond.”

Stuart Ferguson, CEO of Unity’s parent, FrontRow Energy Technology Group, said:”We are excited to see the formation of Unity as part of our group, working alongside ClearWELL, Pragma and Well-SENSE.

“All of our companies share a common purpose: to drive down costs for our customers by applying innovative technologies and ways of working.”

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