Power Moves: New chief operating officer for 3t
Big appointments from Centurion Group, WSP, and more in this week's Power Moves!
Centurion Group
Centurion cuts Aberdeen jobs
The firm cut 12 people as it claimed to be “committed to continuing to create skilled jobs”.
Aberdeen’s Centurion lifted by acquisition of Manchester-based Aerial Platforms
Centurion has gained three new operating locations in the North West and North East of England and access to major industrial customers in the lifting equipment space.
Aberdeen’s Centurion confirms $100m acquisition ‘firepower’ fund
Aberdeen-based Centurion Group revealed it has $100 million (£81m) to spend on continuing its acquisition streak this year after a consortium of lenders boosted its credit facilities.
Power Moves: New Centurion CEO and more
Euan Leask has been promoted to CEO of Dyce-based rentals and services supplier Centurion Group.
Aberdeen-based Centurion reveals ‘record’ year of buying non-oil and gas firms
The rentals specialist plans to keep buying more businesses around the globe in "critical industries" in "complex, challenging and remote locations".
Centurion Group looks to ‘handsomely exceed’ pre-tax earning goals
Aberdeen headquartered Centurion Group has carried out four acquisitions this year, increasing the firm’s forecast pre-tax earnings.
Aberdeen’s Centurion Group revenue soars to record £550m
Revenue at Aberdeen-based energy services firm Centurion Group more than doubled to almost £550 million last year.
Aberdeen’s Centurion Group marks further expansion in Canada
Centurion Group has acquired Canadian wastewater rentals and treatment provider RioView, in a further expansion into the North American market.
Centurion Group forecasting a solid 2022 after reversing losses
Energy services firm Centurion Group reversed major year on year losses to finish 2021 on a solid financial footing.
Centurion acquires Canadian solar-powered equipment firm
Centurion has acquired solar-powered equipment provider Trido Energy Services, as it continues a series of M&A deals aimed at driving global expansion.
Centurion Group acquires Angus-based well services firm RMEC
Energy services firm Centurion Group has completed the acquisition of Angus-based rental company RMEC for an undisclosed sum.
Former Valaris CEO joins private equity group SCF Partners
Tom Burke, the former CEO of drilling rig giant Valaris, has joined private equity group SCF Partners.
Aberdeen-headquartered Centurion acquires Specialist Services for ‘growth platform’ in Middle East
Centurion Group has acquired UAE-based Specialist Services Group with hopes of major growth in the Middle East and beyond.
Jobs saved after Aberdeen oil and gas services firm bought out of administration
Several jobs have been saved at an Aberdeen oil and gas services firm after it was bought out of administration.
Private equity firms slam ‘inaccessible and worthless’ Covid-19 loan schemes
Energy investment experts have branded the UK Government’s Covid-19 business loan schemes “virtually inaccessible” and “worthless” to oilfield service firms.
‘Positive momentum’ for oil and gas deals in 2020 – AAB
It was an interesting year for deal-making in 2019, despite political and economic challenges.
Centurion adds more ‘firepower’ for acquisitions
Energy service firm Centurion Group has increased its revolving credit facility by £13.8 million, giving it more "firepower" grow organically and make acquisitions.
Updated: Centurion continues expansion drive with two acquisitions
Private-equity-backed Centurion Group has moved up another gear in its expansion drive with the acquisition of two more firms.
Centurion Group considers stock market flotation in long term plans for growth
An Aberdeen headquartered oil and gas firm is considering floating on a public market as part of its long term growth plans.
Centurion hungry for acquisitions after adding ‘firepower’
An acquisition-hungry energy services group based in north-east Scotland has secured nearly £50 million worth of additional “firepower”.
Overseas expansion for two Aberdeen-based energy service firms
ATR and Viking SeaTech have both opened new offices overseas in the latest move by Aberdeen businesses to spread their wings after the North Sea downturn.