We are delighted to announce that Pryme Group has acquired Hydratron as part of our growth plans.
The acquisition of the long established and highly-respected business is the ‘perfect fit’ and will provide comprehensive engineering services to our clients across large parts of the UK as well as increase the group’s presence across the oil and gas, aerospace and defence sectors.
Based in Altrincham, near Manchester, Hydratron is a leading supplier of high pressure and flow control equipment to the global oil and gas industry. It has a comprehensive partner network in North America, the Middle East, Southeast Asia and Australia.
The company was founded more than 35 years ago and manufactures and supplies bespoke products worldwide, including high pressure air-driven liquid pumps, gas boosters and associated systems.
Hydratron will continue to trade as normal under its current name. The newly-acquired business complements our existing operations in Dundee, Ellon, Morecambe and North Shields and will allow the business to increase service delivery times and lower overheads.
Equally, Pryme will assist Hydratron in entering new sectors such as aerospace and defence as well as new segments of the oil and gas industry.
CEO Angus Gray commented: “We are delighted to have acquired a business with such a strong international brand and presence as Hydratron. It is a company that we all respect, with parts of the group having dealt with them previously through various oil and gas projects, and we look forward to strengthening these relationships and integrating key areas across the business.
“I would also like to pay tribute to the team at Simmons for their support in getting this deal across the line. We can now look forward to developing Hydratron into new markets, such as aerospace and defence, whilst the company’s existing supply chain will benefit from Pryme’s expertise and capability from design and fabrication to machining and testing.”