ATR Group Expands into New Markets in UK
ATR Group is expanding into new markets throughout the UK, including a push into the downstream oil and gas sector as well as marine operations, after investing £2 million in new plant and equipment.
The North Sea tool rental market-leader, headquartered in Aberdeen, is securing its position in the UK by extending its geographical reach into central Scotland and working to grow its business in England.
ATR chief executive, Robert Skidmore, said, "The strength of ATR Group has been in our approach to the marketplace -- particularly in the challenging economic climate which continues to affect British business.
"We have invested more than £2 million in new plant and equipment including generators, compressors and zone rated equipment, as well as consumable stock, to ensure that our fleet meets the needs of a growing and demanding rental market.
"The addition of downstream facilities including land-based refineries, such as St Fergus and Mossmorran, to our portfolio of clients along with involvement in the northeast England region where a high volume of downstream work originates, completes the circle in terms of our work with the oil and gas industry -- we have been heavily involved in the offshore stage of the process since our inception.
"ATR Group is also continuing to work with customers in machinery purchase and re-rental at this time, which is another area of growth as contractors continue to streamline their business and reduce capital expenditure costs by selling owned equipment and renting it back, or discussing rental at the outset rather than purchasing high-end, expensive equipment which they may only need short-term."
ATR has further strengthened its UK-based operations with the addition of highly-experienced technical sales specialist John Richardson to lead business development in central Scotland and England.
Mr. Richardson, 49, has extensive experience of engineering and fabrication both in sales and operations, having worked throughout northern England and also overseas during a career spanning more than 20 years.
ATR Group is the market leader in the rental of specialized tools and equipment for the offshore oil and gas industry maintenance market, operating throughout the North Sea and UKCS, Caspian region.
The group expanded into the provision of lifting services with the acquisition of Bridon International's Baku and Aberdeen lifting operations, and its companies continue to grow in the global oil and gas marketplace. ATR operates an integrated quality management system, featuring ISO:9001 accreditation across all group companies.
ATR Group was acquired by Keith Moorhouse and Robert Skidmore in a deal supported by Aberdeen Asset Managers and RBS Structured Finance in June 2007. Since then its turnover has risen from £14million to more than £18million and its workforce has grown by more than 30%.
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