ABERDEEN-based finance firm Hutcheon Mearns have successfully completely a six-figure investment from a syndicate of UK investors for energy supply company Global Offshore.
The stage one investment will enable Global Offshore, the Danish-based manufacturer and supplier of the proprietary HINGE-LOK™ casing and tubing transportation frame to meet increased customer demand in the North Sea and internationally.
Paul Brebner, Global Offshore’s chief executive officer, who has been in the industry for more than 30 years, said “This is an exciting milestone for the company.
“The funding, coupled with the experience our investors bring to the table, will enable us to enhance the breadth of our offering to customers.”
Adam Maitland, Hutcheon Mearns managing director, said “We are delighted to have facilitated this investment deal on behalf of Global Offshore. The company is seeing some excellent traction, and in that regard, we look forward to working with Paul and the team in an ongoing non-executive capacity.”