UK-Based Pryme Group Acquires Hydratron
Pryme Group, a UK-based service provider for the oil and gas industry, announced that it has acquired Hydratron as part of its “growth plans”.
The group said the acquisition will provide comprehensive engineering services to its clients across large parts of the UK. Based in Altrincham, near Manchester, Hydratron is a supplier of high pressure and flow control equipment to the global oil and gas industry.
“We are delighted to have acquired a business with such a strong international brand and presence as Hydratron,” Pryme Group CEO Angus Gray said in a company statement.
“It is a company that we all respect, with parts of the group having dealt with them previously through various oil and gas projects, and we look forward to strengthening these relationships and integrating key areas across the business,” he added.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.