Pryme Group, a UK based global supplier of integrated manufacturing solutions for the oil and gas industry, announced the acquisition of Hydratron as part of the company’s continued 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.
Chief Executive Officer of Pryme Group, Angus Gray, said: “We are delighted to have acquired a business with such a strong international brand and presence as Hydratron. 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.
“I would also like to pay tribute to the team at Simmons for their support in getting this deal across the line. We can now look forward to developing Hydratron into new markets, such as aerospace and defence, whilst the company’s existing supply chain will benefit from Pryme’s expertise and capability from design and fabrication to machining and testing.”
For more information, visit: www.prymegroup.co.uk
15th June 2018
