Clyde Blowers Capital Latest news Contact Us Our Vision Our Performance How We Work Why We're Different Who We Are CBC Announces The Acquisition Of Energy Services International 20th February 2013 < back to news list Clyde Blowers Capital (“CBC”) is pleased to announce that it has today completed the acquisition of Texas, Mississippi and Louisiana based ESI Energy Services International (“ESI”) and its trading businesses Southern Technology and Services and Vicksburg Marine for an undisclosed amount. Through its trading businesses, ESI provides specialist products and services to operators in the oil & gas industry, with particular specialism in manufacturing and repairing jacking systems and drilling related equipment for jack up rigs. The company’s capability includes repair and refurbishment services for top drives, blow out preventers, drawworks, mud pumps and other lifting and hoisting equipment used on offshore and onshore drilling rigs. ESI has a strong presence in the Gulf of Mexico and operations in the Middle East. CBC intends to invest in the business to create a global operation and export ESI’s capabilities into other key oil & gas regions across the world, including in the UK, South East Asia, West Africa and the Middle East. Further investment will be made in developing the range of products and services offered by the Company in order to meet the requirements of its customers. Commenting on the acquisition Jim McColl, Chairman and CEO of Clyde Blowers stated, “ESI has an excellent reputation for service and quality, achieving industry leading service levels to match the requirements of its customer base. We see great potential to transform ESI into a global operation by offering an extended range of services to our customers and growing our geographic footprint, both through acquisition and organic growth.” Home Our Vision Our Performance How We Work Why We're Different Who We Are Contact Us 1 Redwood Crescent, Peel Park, East Kilbride G74 5PA t: +44 (0) 1355 575 000 f: +44 (0) 1355 579 600 Clyde Blowers Capital IM LLP, the manager of CBC Fund II and CBC Fund III, is authorised and regulated by the Financial Conduct Authority, registration number 476735 Site by D8 Desgin