Falck Acquires Interest in US Training, Safety Services Provider for GOM
Falck has acquired a majority interest in the Alford Group, a leading US provider of a range of training and safety services to the offshore oil and gas industry. Falck's training division, Falck Nutec, is a world leader in rescue and safety courses, especially for the offshore sector and the maritime sector.
The acquisition provides Falck with a solid platform to pursue further Falck business activities in the USA and the region.
"We are pleased to join Barry Alford and his team to form the base for Falck to expand into the oil and gas safety market in the region," said Senior Vice President Peter Svarrer, Falck Nutec.
Alford is the leading Gulf of Mexico provider of safety training, safety personnel,safety services and related services, including a patented safe enclosure for hazardous welding.
Founded in 1996, the business has grown considerably and offers a wide range of safety training courses, for example water survival, marine training, confined space training, fire fighting and first aid courses. Its safety personnel include firewatch, logistics, project consultants and paramedics.
Among Alford's safety services is the patented safe welding enclosure system, Hazardous Atmospheric Zone Telemetry (HAZTEC). This is an automated monitoring and control system offering a safe enclosure where welding can be performed in hazardous locations. The process eliminates shut-in time for platforms offering oil majors the key benefit of no loss of production during repairs and maintenance.
"Falck and Alford foresee significant cross-selling opportunities and the addition of HAZTEC to the Falck Training portfolio adds an important dimension to Falck's position as a global safety services provider," said Senior Vice President Peter Svarrer.
In the future the business will be branded as Falck Alford.
"Alford's management team is excited to join the Falck family of companies. While Alford's growth has been consistent and exponential since its inception, we feel that this will open doors for even greater growth and potential in the United States and other countries. We are excited to begin our new venture together as Falck Alford," said Barry Alford, CEO and President of the Alford Group.
The management team of Alford will continue unchanged.