EnerMech has completed the first of five acquisitions it has planned for the next six months with the acquisition of Melbourne-based Valve Tech Engineering in a multi-million pound deal.

Established over 20 years ago, Valve Tech is a well respected provider of servicing, engineering, modification, testing and supply of valves to the oil and gas, power generation, petrochemical and refining industries throughout Australia.

EnerMech is an Aberdeen-based company which provides mechanical services to the energy industry, with bases in 15 countries and annual sales of £140 million (AUD$213 million).

Valve Tech founder and managing director, Chris Tabone, will take a new position in the enlarged business, heading up EnerMech’s valve offering in Australia.

The deal represents a major expansion of EnerMech’s global valve services, procurement and manufacturing network and complements its existing valves supplies and servicing facility in Perth, Western Australia.

Tags: EnerMech Ltd