Balmoral Tanks expands with pipework acquisition
Balmoral Tanks has expanded into the pipe arena with the acquisition of Servomac Ltd, the Chesterfield-based pipework specialist, for an undisclosed sum.
Balmoral Tanks, part of Aberdeen-based Balmoral Group Holdings Ltd, provides a portfolio of liquid storage and treatment products including epoxy-coated and concrete tanks and has installations on major projects spanning Europe, North and South America, the Middle East and Far East.
The company’s new £10 million purpose-designed factory in South Yorkshire opened in January 2018 and houses a brand new epoxy-coating line and in-line shot blasting as well as the latest laser-cutting technology and fabrication facilities.
Allan Joyce, managing director at Balmoral Tanks, said: “This acquisition provides a platform to extend our product offering to our global client base.
“Having worked with Servomac on a number of large projects, the synergy between the two companies has been striking. I am delighted that the team at Servomac will continue to run the business on a day to day basis as their knowledge and experience is highly valued.
“The acquisition underpins Balmoral’s business strategy of differentiation in the marketplace. Our ambition of being the number one tank design and manufacturing company in the world has been strengthened with the ability to provide all associated project pipework and we look forward to an increasingly exciting future for the company.
“With improved and highly efficient manufacturing processes and a commitment to personnel development, we consistently deliver on our brand promise of being ‘not just another tank company’.”
- Amey wins £113M wastewater R + M deal at Yorkshire Water Services provider Amey has been selected to carry out Yorkshire Water's wastewater network repair and maintenance work.... Read More >
- Aquatic robot could deal with pipe blockages Researchers at the University of Sheffield have created an aquatic robot which could be used to inspect otherwise... Read More >
- Veolia expects massive drop in leakage with new data driven technology Environmental services company Veolia is installing hundreds of sensors and Smart Water Meters on water mains and sewers... Read More >
- Dewatering pump maintenance: Keep moving Maintaining your dewatering pumps goes a long way, writes Joe Moser, pump product manager, Atlas Copco Construction... Read More >
- New direction: Is the industry ready for direct procurement? Ofwat's continued aim to drive efficiency and value for customers will see the introduction of a new direct procurement... Read More >
- Analysis: Assessing lane rental's pros and cons While lane rental may be popular with many, Robin Hackett hears why the majority of utilities and contractors are fiercely... Read More >
- Interview: New Eric Wright Water MD Neal Whittle Eric Wright Water's new managing director, Neal Whittle, tells Robin Hackett about the importance of delivering on... Read More >
- Trant Engineering: Forward thinking Now positioned as a multi-discipline, innovation-focused contractor, Trant Engineering is aiming high - and says its... Read More >