U.K.-based safety and security and also survival remedies company Survitec stated it has actually finished its purchase of Blue Anchor Fire & & Safety, a Scottish company of survival remedies to the fisheries, maritime and also overseas power markets.
The financial investment, component of Survitec’s growth approach, adheres to the acquisition in May of Norway’s Hansen Protection, a service provider of individual safety devices.
Baba Devani, Chief Executive Officer, Marine, Survitec, stated, “We are delighted to announce this acquisition, which marks another step forward in our strategic growth plan.
“With a similar offering, together with shared values in terms of quality and customer value, Blue Anchor is an excellent fit for Survitec. This investment allows us to enhance our capabilities across the region.”
Blue Anchor supplies survival remedies, consisting of maintenance, liferaft leasing and also item supply, to a substantial percentage of the U.K. angling fleet; runs an MCA-approved liferaft gas station in Boyndie, Scotland; is a top vendor of fire safety and security devices to the Scottish fleets; and also is just one of just a handful of UKAS approved firms licensed to accomplish gas cyndrical tube screening in the nation.
The firm has actually attained year-on-year development considering that it was developed in 2006, especially in the fisheries and also tank farming company, which represents 60% of its earnings.
Growth has actually likewise been sustained by financial investment in the liferaft hire fleet, with over 700 SOLAS accepted liferafts in procedure.
“The transaction supports our objective to improve our coverage in attractive markets,” stated Devani.
Blue Anchor founder Scott Skinner, that will certainly proceed at Blue Anchor as Operations Manager, stated, “It is testament to the commitment and dedication of all my colleagues that Blue Anchor can generate interest from a global player like Survitec.
“By becoming a part of the Survitec family, our customers now have access to a larger portfolio of products and service network. The acquisition offers scope to increase the utilization rate of existing sites in Scotland and develop new ones. Survitec’s presence across Scottish ports provides the opportunity for expansion across the UK including the Scottish Islands.”
Blue Anchor’s existing websites in Boyndie (Banff) and also Fraserburgh, North East Scotland, are thought about big sufficient to suit development in liferaft maintenance, gas cyndrical tube examinations, and also enhanced use of its storage facilities and also workshops fired blowing up and also repainting centers.
