Unique Group has acquired GSE Rentals (Geophysical Survey Equipment) a rental specialist of geophysical, hydrographic and oceanographic marine survey equipment.
GSE Rentals is now wholly owned by Unique Group and the company’s workforce will be retained. Former owner, Stan Moroney, will continue as business advisor and consultant to Unique Group.
By acquiring GSE Rentals, it can strengthen its presence in non oil and gas markets, with a focus on offshore renewable energy projects, submarine cables, dredging, ports and harbours and civil projects.
Andy Doggett, director of Unique Group’s survey equipment division said: “GSE Rentals is a well respected company that offers a high level of technical support and knowledge to its global customers.
“The advantage to GSE Rentals’ customers is that it will now be able to provide enhanced global support through Unique Group’s bases in the Middle East, South Africa, India, the Netherlands, Singapore and the USA.
“We are well aware of the high-quality service provided by GSE Rentals and by committing additional capital to increase its fleet, we will enhance its place as the preferred marine survey rental company in Europe.”
Stan Moroney, the now former owner, of GSE Rentals said: “Becoming part of Unique Group will allow us to invest further in our rental pool and ensure that we have all the skills and equipment to meet our clients’ needs now and in the future.
“For the past 25 years we have been supplying the latest technology, supported by our dedicated staff, and we will continue to supply the same high level of expertise and support to our clients.”
Harry Gandhi, founder of Unique Group said: “We offer the very best in the offshore and subsea sectors and the addition of GSE Rentals to our team is great news for our existing and potential customers.
“Our acquisition Of GSE Rentals will help us consolidate and expand into key markets that complement our existing offering, from Aberdeen to Singapore.”