Company: Blue Anchor Fire & Safety, Survitec
Business Type: Marine Safety Solutions / Search and Rescue
UK & International Business Sales and M&A News
Survitec has acquired Blue Anchor Fire & Safety Ltd, one of Scotland’s leading providers of survival solutions to the fisheries, maritime and offshore energy industries.
The survival solutions investment follows Survitec’s acquisition in May of Norway’s Hansen Protection, a provider of personal protective equipment.
Survitec designs, manufactures, and services survival technology, covering 2,000 ports worldwide, with maritime, defence and government, energy and aerospace contracts to its name.
Baba Devani, the Marine CEO at Survitec, believes the acquisition will support the company’s objective to improve its coverage in attractive markets.
He commented:
“We are delighted to announce this acquisition, which marks another step forward in our strategic growth plan.
“With a similar offering, together with shared values in terms of quality and customer value, Blue Anchor is an excellent fit for Survitec. This investment allows us to enhance our capabilities across the region.”
Baba Devani – Marine CEO at Survitec
Blue Anchor offers survival solutions, including servicing, liferaft rental and product supply, to a significant proportion of the UK fishing fleet, operates an MCA-approved liferaft service station in Boyndie, Scotland, and is a supplier of fire safety equipment to the Scottish fleets.
It is also one of only a few UKAS-accredited companies certified to carry out gas cylinder testing in the country.
Blue Anchor’s Co-founder and Operations Manager Scott Skinner will continue at Blue Anchor as Operations Manager.
He commented:
“It is testament to the commitment and dedication of all my colleagues that Blue Anchor can generate interest from a global player like Survitec.
“By becoming a part of the Survitec family, our customers now have access to a larger portfolio of products and service network. The acquisition offers scope to increase the utilisation rate of existing sites in Scotland and develop new ones.
“Survitec’s presence across Scottish ports provides the opportunity for expansion across the UK, including the Scottish Islands.”
Scott Skinner – Blue Anchor's Co-founder and Operations Manager
Blue Anchor’s existing sites in Boyndie (Banff) and Fraserburgh, North East Scotland, are considered large enough to accommodate growth in liferaft servicing, gas cylinder inspections, and increased utilisation of its warehouses and workshops shot blasting and painting facilities.
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