GRDes, a specialised Engineering Consultancy business based in the North East of England is delighted to announce the sale of the business to the Benbecula Group, a privately funded group of companies based in Wallsend, Newcastle Upon Tyne.
As part of the acquisition, GRDes has been re-named TyneTec Engineering and the move greatly strengthens TyneTec Engineering via its new sister companies which serve the offshore, marine and engineering sectors.
GRDes, established in 2008, has an excellent reputation for providing an inclusive mechanical and structural engineering service for the offshore, onshore, renewables, marine, defence and construction markets.
The move greatly strengthens TyneTec via its new sister companies; Loadtec Engineered Systems, InControl Projects, Tyne Gangway, Lift-rite Engineering Services and DDS Metals which serve the offshore, marine, and engineering sectors.
Loadtec Engineered Systems, acquired in March 2018, has an excellent global reputation for providing an inclusive design, supply, commissioning and service package for loading arms and skids, tanker access and fall prevention systems.
Lift-Rite Engineering Services which was acquired by Benbecula Group in October 2017, designs, manufactures, inspects, repairs and hires out lifting equipment, whilst offering on-site rigging and mobilisation services.
Tyne Gangway, originally founded in 1934, was acquired by Benbecula Group in October 2017. The company manufactures and designs marine access systems including gangways and accommodation ladders, predominately for the marine industry, with 50 percent of its equipment produced for export.
A large proportion of Tyne Gangway’s materials are supplied by it’s third division, DDS Metals, also acquired in Oct 2017 by Benbecula Group. DDS was founded in 2005 and supplies aluminium, stainless steel plates, plastics, composite sheet material and extrusions to a UK customer base.
As a result of this latest acquisition by Benbecula, which is headed by CEO Ally MacDonald, also Chairman at Tekmar Energy, the Group is targeting further growth in existing and complementary markets. The TyneTec management team will remain and will be utilising the greater group resources to further grow the business.
Greg Robinson, Managing Director of TyneTec said, “We are delighted to join the Benbecula Group of companies. This move presents a great opportunity to grow TyneTec and allow us to build upon our reputation as a trusted engineering consultancy both nationally and internationally. With the support of the Benbecula Group and our sister companies we look forward to providing additional services to our existing customers and securing new business opportunities which may not have been previously attainable.”