EnerMech acquires Vicon and TRS

Oil and gas engineering company, EnerMech, has acquired Australian industrial sector firm Vicon Services, and UK-based pump equipment specialist Total Reclaim Systems Ltd (TRS), in deals worth a combined GBP 10M.

EnerMech will introduce new business lines and significantly strengthen its presence in the multi-billion dollar Australian energy sector through the Vicon deal. The acquisition of TRS increases the range of services EnerMech can provide to the drilling sector.

Vicon provides engineering services including high pressure water-jetting, heat exchanger services, coating systems and chemical services, which are well aligned with EnerMech’s six existing business lines.

Vicon Services Managing Director, Mr Niall Conlon, said “It is a very good deal for both companies and with very little crossover in the products and services we provide, it’s an excellent fit geographically and strategically…”

TRS provides mud pit and tank cleaning services for offshore oil rigs and production platforms. Its technology reduces the volume of waste fluids created, reduces manual handling and minimises risk by reducing the number of personnel involved in cleaning operations.

The acquisition will allow EnerMech to increase the range of services it offers clients, while TRS will boost its international exposure through access to EnerMech’s 25 global locations.

TRS Managing Director, Mr Richard Martin, said “Our specialist pumping services are now increasingly in demand outside our domestic UK market and joining EnerMech gives us access to international markets where there is a strong demand but which so far have remained untapped.”

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