Amplus Energy has acquired survey company, Andrews Survey, from the administrators of the Harkand Group, which went into administration at the beginning of May.
Andrews Survey provides survey and positioning services to the offshore oil and gas and renewables markets, and has continued operating normally throughout the Harkand administration period.
The company has 42 staff, all of whom will transfer over with the company and will operate independently as part of the Amplus Group with immediate effect. The company will relocate to the Amplus Group’s Bridge of Don premises at the end of July 2016, the company informed.
It is the second time that the Amplus Energy managing director, Ian Herd, has acquired Andrews Survey. Herd initially purchased the survey company in 2007, when he ran Integrated Subsea Services (ISS). ISS and Andrews Survey worked together for five years prior to both companies being sold to the Harkand Group in 2012.
Ian Herd, managing director of Amplus Energy, said: “This was a great opportunity for Amplus to acquire a very good company with an excellent reputation in an extremely difficult market. This is a very good fit for Amplus Energy and allows us to significantly expand our service offering to our clients.”
Managing director of Andrews Survey, Stuart Reid, said: “It has been a difficult time for the team at Andrews Survey and we are relieved that a suitable buyer has been found. We all feel that Andrews Survey being part of the Amplus Group will bring stability back to the business.”