Press

Centrifuges Un-Limited Gears Up For New Chapter


Leading Aberdeen-based oil and gas service group CUL Holdings Limited, which includes Centrifuges Un-Limited, is gearing up for the next chapter in its evolution.

The Dyce-based company has started 2020 with news that it has been acquired, for an undisclosed sum, by Linton Investments Limited, the investment vehicle established by the Ferguson family, following the sale of Ferguson Group. 

Centrifuges Un-Limited was formed by local entrepreneur Jim Shiach in 2001 and he will continue to be involved with the company during the transition period.  No redundancies are planned.

The Linton Investment portfolio includes a diverse spread of investments across different sectors including Marine, Farming, Property and Technology.

Centrifuges Un-Limited specialises in the design, manufacture, installation and maintenance of a range of equipment including fuel/oily water separators, mud coolers for high pressure high temperature (HPHT) fluid management and the Elvos® slops treatment system.  Central to recent growth has been the company's focus on the mechanical separation division which specialises in fluid cleaning solutions for diesel fuel management, oily water separation for platform decommissioning, rig drains treatment, pipeline cleaning, well testing activities and well completions. 

James Scullion, on behalf of Linton Investments, who will join the Centrifuges Board, said: “This is our first investment back into the oil sector as we have been waiting for the right time in the cycle and the right opportunity with the right environmental credentials to come along. Centrifuges has an excellent heritage which we believe we can build upon and develop.”

John Dick, who will also join the Board added: “Exploring the rental market further and internationalisation will be key drivers in our future strategy, coupled with more emphasis on developing opportunities in industries beyond oil and gas.”

Jim Shiach said: “I believe that this move is important in facilitating further expansion for the company and essentially taking it to the next level in terms of growth and innovation.  The business pedigree and family ethos of Linton Investments make them perfectly positioned as the best people to take the company forward.”

To find out more visit www.centrifuges-unlimited.co.uk email info@centrifuges-unlimited.co.uk or call +44 (0) 1224 772918.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

centrifuges-unlimited.co.uk

More items from lesleyeaton


Vulcan Completion Products Underlines Commitment to Middle East

An international leader in the provision of creative solutions for the oil and gas completions market has underlined its commitment to the Middle East by announcing plans to expand its team. Based at Westhill, Aberdeenshire, Scotland Vulcan Completion Products (VCP) made the announcement ahead of ...

Lesley Eaton


Posted 3 months agoPress

Torque Specialist Announces Expansion

An Aberdeen-based company which specialises in torque machines has announced £1 million-pound expansion to cope with growing demand for products and services.   Enerquip, who manufacture torque machines at their facilities in Aberdeen and Caithness, have expanded into additional premises close to ...

Lesley Eaton


Posted 3 months agoPress > EnerQuipTorqueAberdeen

Event Celebrates Positive Links Across North Sea

Extending the hand of corporate friendship across the North Sea was the focus of an annual business event which took place in Aberdeen on Monday, September 2 nd .   Hosted by Granite PR and timed to precede SPE Offshore Europe 2019, the sixth annual Aberdeen-Norway Gateway at Macdonald Norwood Ha ...

Lesley Eaton


Posted 5 months agoPress

Business Event Celebrates Aberdeen’s Position on World Stage

More than 150 people gathered in Aberdeen for an event which celebrated Aberdeen's position as a leading global energy centre this week.   The inaugural World Gateway in Dyce on Thursday, September 5 th celebrated the work of the World Energy Cities Partnership and provided an opportunity for lo ...

Lesley Eaton


Posted 5 months agoPress

$2 Million Work For Environmental Management Company

A leading environmental management service company has secured work worth $2 million since the beginning of this year.   Aberdeen-based Turnkey Environmental Management Services International Ltd (TEMS International) has won the work in a range of significant locations, including the Gulf of Mexi ...

Lesley Eaton


Posted 5 months agoPress
All posts from lesleyeaton