Dundee headquartered engineering firm Pryme Group blamed a “protracted” oil and gas recovery as it recorded a multi-million pound loss last year.
North-east engineering firm SengS has announced the appointment of a new managing director.
Pryme Group, the parent of engineering services businesses including Aberdeenshire-based SengS, has said results for the year to March 31 2018 reflect improving market conditions.
Dundee-headquartered manufacturing business Pryme Group has snapped up a UK oil field equipment company for an initial £1.1 million.
The founder of Aberdeenshire subsea engineering firm SengS has been promoted to a new role at the parent, Dundee-based Pryme Group.
An engineering firm has completed its first project in a bid to expand from the North Sea to outer space.
North-east engineering services firm SengS said yesterday it had continued to build on recent momentum by winning new contracts worth £1.6million.
Scottish manufacturer Pryme Group said yesterday its new chief executive was leading an “aggressive” growth strategy aimed at transforming it into a major player across the oil and gas, defence and aerospace sectors.
A former Grampian Police hostage negotiator has been appointed to lead an offshore emergency response unit in Aberdeen.
A new managing director has been appointed at SengS to replace the Aberdeenshire engineering firm’s founder, Murray Kerr.
Accountancy firm Anderson Anderson and Brown (AAB) has notched up a half century of deals in the mergers and acquisitions (M&A) market for a third consecutive year.
Aberdeenshire engineering firm SengS is targeting a bigger share of the North Sea market following its acquisition by Pryme Group, which was announced yesterday.
A company majority-owned by Simmons & Company International’s private equity fund has acquired Aberdeenshire firm Sengs Subsea Engineering Solutions (SengS).
North-east engineering firm SengS said yesterday it was already reaping the rewards of a £250,000 investment in its pressure testing capability.
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