Aberdeen headquartered PD&MS Group has acquired cleantech specialist engineering firm Synergie Environ Ltd (SEL) for an undisclosed sum to bolster its decarbonisation capabilities and further support the energy sector’s net-zero emission ambitions.
For more than a decade, award-winning Glasgow-based consultancy SEL has been instrumental in developing innovative solutions to cut carbon consumption and cost across a range of industries including energy, power generation and storage as well as pharmaceuticals, waste and sustainable material, and transportation. During this time, it has supported more than 500 businesses resulting in an estimated cumulative carbon reduction impact in excess of 1 million tonnes of CO2. The firm has also won several business and industry accolades for its achievements.
The acquisition will leverage SEL’s specialist low-carbon engineering expertise and advisory services and help determine CO2 reduction measures for PD&MS’ clients to achieve carbon neutrality targets and support the industry’s energy transition. PD&MS will provide additional engineering resources, project management and site construction support allowing the business to target larger scale engineering, procurement, construction and commissioning (EPCC) campaigns as well as supporting SEL on larger turnkey opportunities across the cleantech sector.
As a result, the leading international engineering and design business plans to increase its workforce with 75 new hires across Scotland and the UK in the next 12 months.
PD&MS recently announced its has been awarded a contract from Montrose Port Authority to repurpose its 50-metre communications mast for the Seagreen offshore wind farm off the coast of Angus. Over the past 18 months, its renewables team has also completed a range of significant projects including mast decommissioning for Moray East offshore wind farm as well as other wind and solar front-end engineering and design work, engineering and construction scopes.
PD&MS chief executive Simon Rio says, “We are fully committed to supporting our clients decarbonise their infrastructure and activities. This cleantech acquisition is a real statement of our intent and underpins our drive and passion to support the energy transition.”
“The team at SEL has a vast experience in delivering tangible carbon reduction solutions across multiple sectors and projects. Coupled with our growth in the renewables sector, we are very well placed to unlock significant value for our customers in maximising economic recovery and extending the life of infrastructure whilst delivering on ESG agendas,” Rio adds.
SEL will continue to be based in Glasgow and operate as part of the PD&MS Group. Managing director Uisdean Fraser, who has been at the cutting edge of cleantech development for over 35 years, will carry on in his role along with his entire team of employees. Fraser says, “We are excited by this transaction and look forward to working with PD&MS to help realise our passion for low carbon projects and being part of the drive to decarbonise the oil and gas sector, leveraging PD&MS’s already strong position.”
PD&MS was founded in 2002 and was bought by private equity firm Inflexion in 2014. It has offices in Aberdeen, Glasgow and Baku in Azerbaijan and a global workforce of 800 personnel. In the UK, around 500 are based onshore and 200 are offshore. The remaining 100 workers based in the Caspian region.
As well as being committed to pro-actively supporting its customers to reduce CO2 emissions on their projects, the business has employed several internal initiatives to achieve net zero for its business in line with the principles of OGUK 2035 Roadmap.