A Scots tubular supply and decommissioning company has taken over the rival 60 North Recycling facility in Shetland.
John Lawrie Group which is headquartered in Aberdeen, has purchased the site previously occupied by 60 North at Rova Head in Lerwick and has taken over the daily running of the site.
All existing employees will be transferred over to John Lawrie Group and plans for investment in new equipment and infrastructure have now begun.
The facility is strategically placed to support the oil and gas decommissioning sector in the area, as well as local metal recycling requirements, and will take John Lawrie Group’s overall licensed capability in Scotland to 225,000 tonnes of ferrous and non-ferrous metals per annum, with more growth in the pipeline.
The acquisition is John Lawrie Group’s first major purchase since being recently acquired by its management in partnership with Rubicon Partners and investment firm Grovepoint.
John Lawrie has obtained a waste management licence from the Scottish Environment Protection Agency (SEPA) and a metal dealers’ licence from Shetland Islands Council which allow it to operate in the islands. The Group plans to increase local employment, invest in new technology and develop the site into a full-service scrap metal processing and decommissioning facility.
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20 Dec 2017
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