UWG Group Acquires Menck

UWG Group has acquired Menck GmbH, the German-based anchoring and foundations specialist from J Ray McDermott SA.

Menck is already a highly successful and financially strong international market leader in anchoring and foundation solutions. It has been at the forefront of innovation in the pile driving industry since the company¹s formation in 1868.

UWG Group¹s Sales & Marketing Director, Paul Alcock, said: "We have historically focused on providing innovative engineering and equipment for Risers and Wells between the mudline and surface facilities. Menck's expertise in foundations supports our long-term strategy to offer complete mudline-to-facility solutions for all water depths and field applications. As we can offer the full-cycle of engineered interface solutions from design to decommissioning, this recent development is good news not only for us, but for the industry as a whole.

It is intended that the Menck brand will continue unchanged and sit alongside UWG Group¹s other established member companies 2H Offshore, Team Energy Resources, Claxton Engineering Services and WellCut, Inc.

Bernard Bruggaier will continue as Managing Director of Menck, reporting to Richard Higham, CEO of UWG Group. Based in Hamburg, Germany, Menck currently employs approximately 70 staff.