From left, Varel president Jim Nixon with Downhole Products founders Alistair Clark, Ian Kirk and Bill Barron

Caledonian nous key to Varel’s success

Late spring saw Aberdeen company Downhole Products gobbled up by fast-growing Varel International for an undisclosed sum. What perhaps differentiates this deal from so many others is that Varel’s president is a Scot who led a management buy-in of the US firm in 1998 when it was about the same size as the latest target.

Published: 07/07/2008

Martin Anderson, left, CEO of Triton Group Holdings and David Rhodes, ROV manager at ISS

Triton in hand, Scot out to build empire

Martin Anderson is in a hurry, or at least one could be forgiven for thinking he is. For sure, Triton Group’s CEO is a man with a mission – to take the famous Perry Slingsby brand and really make something of it.

Published: 02/06/2008

Martin Anderson and David Rhodes with the latest generation Triton XLX ROV

Creating new group is not about penance

For Triton, it boils down to acquiring highly specialist businesses that have been set up by smart people but which may nonetheless be struggling to make headway, perhaps because of solid management skills.

Published: 02/06/2008

Rebuilding ‘jobbing shop’s’ order book

THE years 2002-03 had been truly dreadful for a lot of companies, and particularly Perry Slingsby.
Published: 02/06/2008

Buyout opens door of acquisition opportunity

VARIOUS opinions were at play within Technip’s boardroom and among senior management. At the end of the day, what was best for the Perry Slingsby business determined the outcome.
Published: 02/06/2008

It’s a North Sea icon, but what makes Wood Group tick?

Wood Group is an icon of the North Sea success story and an Aberdeen company that blazed a trail internationally, to boot, initially led by its founder and chairman, Sir Ian Wood and now CEO Allister Langlands.
Published: 05/05/2008

A multi-cultural, global people company

“THINK global, act local” – that was the motto of Percy Barnevik, who once led the Swedish-Swiss engineering group, ABB.
Published: 05/05/2008

Sweet taste of independence

Caledyne was set up by three individuals, each of whom had tasted life with a fast-moving, forward-thinking Aberdeen oilfield engineering company that had been eaten up by one of the US big brands.
Published: 06/04/2008

Creating value before becoming someone’s snack

THE problem is, Caledyne could soon get to a size and possess the skills that make it eminently suitable as a snack for a larger service company.
Published: 06/04/2008

Building street cred key to prosperity

YEAR one at Caledyne was described as “OK”, with a “slight loss” recorded.
Published: 06/04/2008