Media Release: EnerMech appoints UK country manager to boost growth

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ENERMECH has appointed Stuart Smith as UK country manager as the mechanical engineering company gears up for further growth.

Mr Smith has more than 15 years experience in the offshore sector and joins from Tyco Fire & Integrated Solutions where he was general manager of its fire business.

Says a spokesperson: “The new post strengthens EnerMech’s management team and will free up operations director, Phil Bentley, to play a wider role in international operations.

“EnerMech, the Aberdeen-based mechanical engineering group, has more the doubled in size in the past year, now employs 800 staff, and forecasts rapid growth across all its service lines in the UK and abroad over the next three years.”

EnerMech managing director, Doug Duguid, said: “We have experienced tremendous growth over the past year across all the regions in which we operate. To manage the business more effectively we have appointed a UK Country Manager and Stuart’s experience will add renewed vigour to the safety, operational and commercial management of our UK activities.

“These changes will allow Phil Bentley to play a wider role in our international operations which will be a focal point in growing turnover and expanding our brand and service lines in new territories.”

Mr Duguid said EnerMech will announce other key appointments in the weeks ahead, including a general manager for its valves division and a number of business line directors.

Stuart Smith said: “EnerMech is a dynamic leader in mechanical services and I am delighted to join them at a very exciting time in their evolution. The UK business has had a very strong year to date and I look forward to contributing to the company’s impressive growth and success.”

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Note to Editors

EnerMech Ltd was formed in April 2008.

The company specialises in the supply, maintenance and engineering of cranes, lifting, valves and hydraulic equipment, equipment rental and the provision of training and specialist personnel to the energy industry.

With the acquisition of Specialist Maintenance Services Ltd and A1 Safety Training Consultants Ltd, EnerMech is now a leading international provider of offshore crane and lifting operations, crane personnel and safety training. EnerMech also has a significant presence in Norway following the acquisition of Bjørge ASA’s crane division in October 2008.

In April 2009, EnerMech extended its presence in the Middle East with the acquisition of UAE free zone companies Pavitt Energy Limited and Scotia Oilfield Trading FZE which has since been integrated in to the EnerMech group. Investment totaling £5.1 million ($7.5M) has been made in equipment stock rental, improvements at our bases in Ras al-Khaimah and Doha, and plans have been drawn up to build a new £3 million facility in Jebil Ali, Dubai which will be ready in 2012.

In April 2010, EnerMech acquired Aberdeen based hydraulic engineering specialist Norson Power in an £11 million deal. Norson Power provides hydraulic pipework installation and designs and manufactures hydraulic equipment for the oil, gas and marine industries.

EnerMech recently agreed a £24 million funding package with Lloyds Banking Group and, together with private equity provided by Lime Rock Partners and shareholder finance, has in place £40 million to support organic growth and further acquisitions.

In August 2010 EnerMech invested £4 million to acquire its 16 acre headquarter site in Aberdeen. A further £840,000 is being spent on refurbishments and the construction of new workshops, while another £2 million has been invested in setting up a new Valve Care division which will target the valve supply, testing, inspection and maintenance sector. In December 2010 EnerMech acquired Aberdeen Valve Supplies Ltd and its subsidiaries LG Ball Valves Ltd and Valve Paint Shop Ltd.

EnerMech employs 800 staff at its Aberdeen headquarters and bases in Great Yarmouth, Stavanger, Dubai, Qatar, Ras al-Khaimah, Singapore, Indonesia, China, Ghana, South Africa and Perth, Australia.

Website: www.enermech.com

Issued on behalf of EnerMech Ltd by Sure Public Relations. For further information please contact Stephen Rafferty on +44(0)7980 598764 or email moreinfo@surepr.co.uk

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Contact: Stephen Rafferty
Phone: +44(0)7980 598764
Email: moreinfo@surepr.co.uk
Website: http://www.enermech.com