Seanamic Group has bought Aberdeen based flexible pipelines and umbilicals integrity management firm Flexlife.
Seanamic was founded in 2014, and has since added Caley Ocean Systems, Umbilicals International, and most recently IMES Group, which had been in administration, to its private equity backed portfolio.
Flexlife uses its patented monitoring and repair technologies to maximize the performance of critical subsea assets. Flexlife operates from offices in Aberdeen and Houston, and its technology is being used globally.
Flexlife’s CEO Garry Millard, who joined the business in 2014, said: “Being part of the Seanamic Group opens Flexlife up to a new and invigorating future. We can go forward confident of financial stability, to explore growth opportunities in Subsea Integrity Management and continue our successful history of R&D. Our customers will have access to a unique portfolio of products and services from diverse companies, resulting in a simplified and more efficient supply chain.”
Martin Barnes, CEO of the Seanamic Group, said: “This is a significant step in the evolution of Seanamic. Our customers now have access to proven subsea monitoring and repair technologies and specialist subsea engineering. Our combined engineering capabilities and advanced monitoring technologies means we can offer a fully integrated Subsea Integrity Management service to support the performance and life extension of flexible and umbilical assets. I would like to welcome Flexlife to the Group, and am looking forward to working with Garry and his team as we enter this new chapter.”
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