International engineering specialist bought by Inverness firm
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A company based in the Highlands is extending its international reach with the takeover of a global specialist marine engineering business.
Envoy Group, which operates from its base on Inverness Campus, has acquired Avantis Marine to target growth in the call for carbon reduction and clean energy solutions in the marine and energy sectors.
Avantis specialises in environmental performance and clean technologies for the shipping, oil and gas and passenger transport markets.
Headquartered in the Marshall Islands in the Pacific, Avantis also operates from bases in the UK, Monaco, Dubai, Singapore and Miami.
Envoy chief executive Iain MacGregor said: “The world is turning its attention to carbon reduction and environmental awareness. Much of the Envoy portfolio seeks to address these themes, not just in new clean energy markets, but also in supporting traditional markets to improve their impact. In the utilities sector for example, Envoy’s group company RSE are finding new ways to build water treatment infrastructure with near carbon free impact on the planet.
“The Avantis acquisition gives Envoy the technical capabilities to support this effort in traditional offshore and marine markets.”
Envoy Group was created last year as a spin off from the Global Energy Group and is building a portfolio of industrial service groups, especially those offering in demand carbon reduction and environmental engineering solutions.
Avantis, which employs 200 staff globally, has a wealth of experience in specialisms ranging from exhaust gas cleaning systems for cargo ships and ballast water treatment systems for cruise liners to finding ways to improve the efficiency of the boiler systems on FPSO (floating production storage and offloading) vessels.
Tom David, the UK-based managing director for Avantis, commented: “While the management are predominantly based in the UK, demand for our solutions often come from foreign markets. Our teams are currently completing major turnkey upgrades to Hawaii registered cargo ships afloat across the west coast of America and Canada.
"We also have projects throughout the Mediterranean on cruise ships, as well as work kicking off on FPSOs in Asia. Our experience on high pressure systems also takes the business into other onshore markets.”
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