ATR, Centurion to combine rental operations

Oil and gas rental equipment specialists Centurion Group and ATR Group have agreed to merge, forming an operation with a turnover of more than £100 million ($132 million), and bases in the UK, Netherlands, Caspian, Singapore, Australia, and US.

Jul 29th, 2016

Offshore staff

ABERDEEN, UK – Oil and gas rental equipment specialists Centurion Group and ATR Group have agreed to merge, forming an operation with a turnover of more than £100 million ($132 million), and bases in the UK, Netherlands, Caspian, Singapore, Australia, and US.

The group will be headquartered in Aberdeen. ATR’s chief executive Keith Moorhouse will be CEO, while Centurion’s acting CEO Peter Stuart will take on the role of chairman of the combined entity.

Alan MacLeod, Centurion’s CFO, will assume the role of director of integration.

Centurion Group comprises six business units: Conserve Oilfield Services, Jacks Winches, RentAir Offshore, Seanic Ocean Systems, Tristar Water Solutions, and Mining Camps Australia.

ATR Group’s five business units are ATR Equipment Solutions, ATR Lifting Solutions, ATR Power Solutions, Underwater Engineering Services and Safety & Technical Hydraulics.

07/29/2016

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