HPR ROV Logo
HPR ROV Logo

Energy Voice | Breaking: Global Energy Group buys Aiken out of administration

More than 50 jobs have been saved after Aberdeen-headquartered Aiken Group was bought out of administration in a pre-pack deal.

Aberdeen and Inverness based Global Energy Group is the new owner of Aiken, a supplier of offshore accommodation modules.

Administrators from KPMG said Aiken suffered after making hefty investments in equipment before the recent oil and gas downturn.

Aiken’s directors tried and failed to secure fresh funding to help company overcome the “challenging trading conditions” of recent years.

More to follow.

 

Source link

Craigmill, Pitcaple, Inverurie, Aberdeenshire, United Kingdom, AB51 5HP
envelope-ophonemap-ocrossmenuchevron-down
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram