Modutec Acquires Scottish-Based Marine HVAC Services Company

Highlights:

• Offshore living quarter & engineering specialist takes majority stake in co-at Marine.
• Glasgow-based HVAC Services Company employs 10 skilled personnel.
• Acquisition bolsters Modutec’s HVAC, piping & electrical solutions for the international marine, offshore, renewables and onshore process sectors.
• Deal will support increasing demand for efficient, eco-friendly HVAC solutions across the offshore and marine market worldwide.

Offshore living quarter & engineering specialists, Modutec, has today announced a majority investment in Glasgow-based co-at Marine. Co-at Marine are experts in marine and offshore HVAC and refrigeration solutions providing the most cost-effective and reliable means of creating a safe and comfortable environment on board ships and offshore structures.

The move for the HVAC services company bolsters Modutec’s HVAC, piping & electrical solutions for the international marine, offshore, renewables and onshore process sectors, with an additional 10 skilled personnel positioned throughout Scotland.

The move is expected to support the increasing demand for efficient, eco-friendly HVAC solutions across the offshore and marine market worldwide.

Brian Knowles, Modutec Managing Director, commented:

“I am delighted that co-at Marine have joined forces with us in order to bolster our HVAC & Refrigeration capability across all our existing regions but especially for our UK, Europe and Africa regions. Co-at Marine is already a well respected name in the market and together with Modutec we feel that we can provide our existing clients and new ones alike with an extremely professional and well rounded offering in this field that compliments Modutec`s existing core services of Engineering, Architectural, Piping & Electrical. “

Kenny Maciver, co-at Marine Technical Director, added:

“We are delighted to be joining the Modutec group where we look forward to contributing to the ongoing success of the company, and enhancing the overall services and solutions we will be able to offer to existing and future customers.”

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