North-east engineering services firm SengS continues to build on recent momentum by winning new contracts worth £1.6 million.
Following its acquisition by Pryme Group, SengS are pleased to announce continued growth in 2017. Following previously announced repair and maintenance projects worth more than £600,000, SengS’ has won new contracts worth £1.6million – meaning over £2 million in new business this financial year.
The firm has recently revised its growth projections and now expects to turn over more than £3million during the year to March 2018 – a near doubling of sales in under two years.
It also expects to recruit more people, having added four new employees since the turn of the year. It currently employs 21.
Murray Kerr, who founded SengS in 2012, recently took on the role of group strategic commercial director at Dundee-based Pryme Group.
The change of role followed the group’s acquisition of SengS in November 2016. Mr Kerr has been succeeded at SengS by new managing director Peter Thomson.
Pryme Group chief executive Angus Gray said: “These significant contract awards are a testament to the hard work put in by all of the team at SengS over the past few years, with the business becoming increasingly well-known for completing larger, more complex projects for oil and gas operators and tier-one service companies.”
SengS provides engineering, testing, control and hydraulic systems and tooling to the energy industry.
Since 2012, the company has delivered nearly 500 projects across multiple disciplines for clients in the North Sea, Scandinavia, the Middle East and North Africa.
The firm has also invested £4.2million over the past three years in developing a 9,817sq ft test facility at Ellon.
Original Article: Energy Voice