Suretank announced the acquisition of Prior Diesel, an oil services company based in Great Yarmouth, UK. The acquisition was made with the support of Ulster Bank’s Corporate and Institutional Banking team.
Prior Diesel has served the oil and gas, marine and industrial sectors since 1980, with an established reputation in the design, manufacture and servicing of a wide range of well service equipment including nitrogen pumps, specialist skids, coil tubing and wireline units.
In addition to its well service operation, Prior Diesel represents and supplies many leading diesel engine manufacturers as well as offering packaged solutions such as Zone II powerpacks, Power Generation sets and Hydraulic powerpacks. All of its new products are supported by service and parts departments that specialise in engine rebuilding, maintenance contracts and supplying components for most of the leading engine, transmission, pump and equipment manufacturers.
During its 30-year history, Prior Diesel has established strong relationships with many of the world’s leading oil service companies both in the North Sea and beyond. Joint managing directors of Prior Diesel, Chris Conroy and Gordon MacLean, together with Founder and Chairperson Archie MacLean, will remain with the business.