Date posted: 25th April 2017
Arc Energy announces acquisition of CLG Engineering
Arc Energy Resources provides corrosion-resistant weld overlay cladding services to a variety of clients in industry sectors ranging from oil and gas to defence, power generation, petrochemical, water and nuclear. Its versatile processes provide a practical combination of readily-available, cost-effective base materials and corrosion-resistant alloys to protect any critical area, providing cost savings and reductions in lead times. Its fabrication department holds ASME U and U2 Stamps, and manufactures radiographic-quality specialist equipment, including pressure vessels, spools, pig launchers, wellhead equipment and nuclear devices.
CLG Engineering provides CNC milling, CNC turning and assembly services to, amongst others, the oil and gas, automotive and rail industries. Certified to ISO 9001, and with over 40 years’ engineering experience, its knowledgeable team can produce parts from 25mm to 1.25 metres in length, and up to 18” diameter, within tight tolerances.
The acquisition means that Arc Energy Resources’ 80 employees are supplemented by CLG Engineering’s 14, to create a stronger team with a wider mix of skills. Both companies are supported by teams of experienced project managers, inspectors and welding engineers, with access to a wide range of auxiliary processes in-house, including heat treatment, NDT and CMM inspection.
Commenting on behalf of both companies, group managing director Andrew Robinson, says: “This is a fantastic opportunity for both companies. CLG Engineering’s precision machining capability perfectly complements Arc Energy Resources’ cladding and fabrication offering.
“The group structure enables us to offer a one-stop-shop for all our clients’ engineering requirements, from design and material supply through to welding, cladding, machining, NDT, pressure testing, surface finishing and project management.”
He goes on to say that the cultures of the two companies are highly compatible, from a focus on quality, attention to detail and customer service, to the way they treat their staff. “I have great plans for the future growth of the group, and am looking forward to supporting our clients on new and larger projects.” says Andrew.
Arc Energy Resources was supported in the acquisition by Gloucestershire-based BPE Solicitors. Commenting for the practice, corporate partner Tim Ward says: “We were delighted to represent Arc Energy Resources at such an important time. With our head office in Cheltenham, we opened an office in Stonehouse just two years ago, so this is a great opportunity to work with two successful Stroud businesses, providing them with legal services at a very exciting time. We wish them every success.”
The acquisition follows a record trading year for Arc Energy Resources, which grew its turnover in 2015 by 14% to £6.5M and invested heavily in new equipment and facilities including a bi-cathode rotary head cladding cell, a robotic welding cell and a 6,000 square foot extension to its workshop.