EnerMech has signed a seven-figure valued joint venture agreement with hydraulics testing and repair specialist Micron Hydraulics.
Micron will supply the mechanical engineering firm with three state-of-the-art hydraulic pump and motor test rigs which will be located at the company’s regional bases in Abu Dhabi, Singapore and Houston.
The deal allows EnerMech to conduct in-house testing of all hydraulics pumps and motors instead of contracting a third party and will ensure quality of service and a faster turnaround for clients.
EnerMech has an existing hydraulics test rig at its Aberdeen headquarters and will use Micron’s facilities in Bradford and Leeds in times of peak demand. Micron will also become EnerMech’s approved supplier of hydraulic spare parts and global provider of technical support.
The joint venture deal is expected to add an estimated £1 million to EnerMech’s annual turnover which could grow to as much as £5 million in following years.
EnerMech’s Hydraulics Director, Steve Ord, said: “The deal allows EnerMech to leverage off the experience of Micron Hydraulics in the specialised market of supply, overhaul and testing of hydraulic pumps and motors globally.
“This joint venture transforms our in-house hydraulics capability and gives us greater capacity to satisfy the growing demand we are experiencing for all types of hydraulics service, repair and refurbishment. Locating test rigs in strategic locations will improve our response times for international clients and ensures a higher quality of service.
“By being able to tap in to the decades-long experience of the Micron team, we can offer a turnkey hydraulics solution which has multiple benefits for our clients.”
EnerMech’s employs 2000 people in 31 locations and hydraulics services is one of seven business lines provided to the onshore and offshore energy sector.
Established in 1984, Micron are industry leaders in the repair and testing of hydraulic pump, motors, cylinders and gearboxes and its custom-built test facilities are the most powerful and comprehensive available on the market.
Micron sales and marketing director, Liah Plowman, said: “Micron have established a good working relationship with EnerMech and its people, and are looking forward to supporting them in their continued growth in this market.”