Aberdeen-based company Modutec, has today announced a majority investment in Birkenhead-based electrical engineering group SeaKing.
SeaKing provides electrical engineering and installation services to its customers in the marine, defence, renewables, and offshore sectors. Recognised internationally for their expertise in hazardous area electrical works, SeaKing undertakes major overhaul of assets through to minor maintenance activities.
SeaKing, which employs 105 staff, enhances Modutecs offering and closely follows the integration of HVAC specialists CO-AT Marine as part of the expanding portfolio.
Brian Knowles, Modutec Managing Director commented:
“Marine assets are becoming more intelligent to enhance efficiency and reduce carbon emissions. This is brokering the need for a more integrated technical solution and a new contracting model for owners of high value assets.
The combined skill set of SeaKing, CO-AT and Modutec opens a unique proposition to the market. Our 515 staff will support customers with a deep technical solution with the capacity to scale across multiple geographies.
We welcome Martin and his colleagues at SeaKing to our group at an exciting chapter in our growth story.”
SeaKing Managing Director Martin Sealeaf added:
“This acquisition marks a significant milestone for The SeaKing Group, propelling us further ahead as we strive to expand and diversify our capabilities within the industry where we are already recognized as leaders. Our partnership with Modutec represents an exciting opportunity for growth and collaboration, aligning with our vision for the future. By combining our strengths and resources, we can deliver greater value to our clients, offering a comprehensive suite of services and solutions that meet their evolving needs.
“This strategic alliance strengthens our market position and reinforces our commitment to innovation. Together, we are focused on driving sustainable growth and making a lasting impact in the marine, defence, renewables, and offshore sectors.”
