RSK group acquires Drilling Supplies & Hire Services
April 01, 2019The UKโs leading integrated environmental, engineering and technical services business, RSK Group Ltd, has today announced the acquisition of Drilling Supplies & Hire Services Ltd, a supply and engineering company that services the site investigation, geothermal and water well markets across the UK. The latest announcement marks the 12th and final acquisition for the fast-growing RSK group in the financial year 2018/2019.
Drilling Supplies & Hire Services is a company of 13 people based in North East England that supplies installation and drilling consumables to the drilling industry nationwide, including rig tooling, drilling rigs and a variety of products. In addition to supply services, the company has an in-house engineering department that provides engineering solutions to meet a variety of client needs. The company has previously supplied multiple companies across the RSK group.
By joining forces, RSK will now be able to source site consumables and drill tooling in house for its services in the UK and abroad. As part of RSKโs contracting division under the direction of Claire Knighton, Drilling Supplies & Hire Services will remain a supply-only company and will not be involved in contractual or site work.
โRSK has already developed a close business relationship with Drilling Supplies & Hire Services and I am excited to develop this relationship further now that it is part of the RSK group,โ said RSKโs founder and chief executive officer Alan Ryder. โRSK is gaining a fantastic business with which we see multiple synergies. Both companies will benefit from joining forces and the broadening of our in-house capabilities and the building on our strengths.โ
Phil Smith, Drilling Supplies & Hire Services managing director who will continue to lead the business, said, โDrilling Supplies & Hire Services has built up a great reputation for supply, delivery and quality since it was founded in 2007. Becoming part of a larger organisation with an integrated safety, health, environmental and quality management system will enable us to take the next step as a respected supplier of high-quality products to the ground investigation market and provide new opportunities for us all.โ
Drilling Supplies & Hire Services is the latest acquisition under RSKโs funding package from Ares Capital Europe and a revolving credit facility provided by NatWest announced in December 2018. The fast-growing company is investing in the development of new businesses, bolt-on complementary businesses, equipment and capabilities, to expand its service offering and international expansion. The company now employs over 3000 staff in more than 100 offices worldwide. It has an annual turnover in excess of ยฃ250 million.
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Ryan Dunderdale, Senior Surveyor at Central Alliance, providing technical support and on-site training to datum plate install teams down in Bristol.
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๐ In the June edition of our #employeespotlight, we spoke with with Rosie Pearce at Stephenson Halliday and Carmen Snowdon at WRc Group to find out about their recent achievements ๐
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๐ In our latest edition of #ADayInTheLife, we spoke with Ellen Lapworth-Maisey, Wellbeing, #Equality, Diversity and Inclusion Manager at RSK โ a fascinating position that helps to create an inclusive and empowering #culture for all RSK staff.
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#RSKSteps came to an end on Tuesday 31 May after a month of stepping adventures.
๐๐ป ๐ป๐๐บ๐ฏ๐ฒ๐ฟ๐:
โ๏ธ1449 participants
โ๏ธ332,268,416 steps
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๐ข RSK is pleased to announce it has further expanded its presence in Ireland by acquiring one of the most reputable tree care companies in the country.
๐ณ Dermot Casey Tree Care was founded in the 1970s by Managing Director Dermot Casey and is one of the most highly regarded tree surgery companies in Ireland, with more than 50 years of experience.
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