Clyde Blowers take over saves 70 jobs at MacKellar Sub Sea

MacKellar Sub Sea picMacKellar Sub-Sea and its related company, Tritech Nairn, have been sold out of Administration to Ferguson Marine Engineering – a subsidiary of Clyde Blowers Capital, the mid-market private equity investor in manufacturing and industrial businesses.

The deal, which is for an undisclosed sum, secures 73 highly skilled jobs based in the Highlands and the future of two important engineering businesses in Grantown-on-Spey.

Both businesses continue to trade as normal and all staff have transferred to the new company with immediate effect.

MacKellar Sub-Sea is one of Scotland’s leading specialist sub-sea oil and gas engineering and fabrication businesses.  The company has a niche expertise in sub-sea wellhead protection systems, tree frames, guide bases, offshore transportation systems and hydro-electric turbines.  The complementary business of Tritech Nairn Ltd, one of Scotland’s leading grit-blasting and painting facilities, operates from the former RAF base in Kinloss.

Jim McColl (OBE) Chairman, Clyde Blowers Capital,  said: “We have a strategic vision to transform Ferguson into a leading marine engineering business and key pillars of this strategy are to enhance our service offering and increase our presence in attractive end markets.  

“Ferguson’s acquisition of MacKellar Sub-Sea, which has a strong track record in the niche subsea oil and gas market, will help to achieve these objectives. 

“We look forward to working with the existing management team to integrate and grow the business and are also delighted to welcome MacKellar’s loyal workforce to the group after a period of uncertainty.”

 

Pixie Energy

Pixie logo Pixie Energy is an incubator and a facilitator of strategic research and project work, focusing on energy regulation, policy and markets at the local and national level. Find out more about Pixie Energy here.

Local Energy Matters: Scotland

Local Energy Matters: Scotland is a free-to-download brochure with a focus on energy tariffs in the two Scottish electricity distribution regions, as well news on local energy and low-carbon schemes.

Previous editions can be download here.

Scottish energy market overview

You can read an overview of the Scottish energy market here.

Scottish Government energy feed