Aberdeenshire-based STATS Group has reported record-breaking results for 2023, with revenues surging 26% to £74.7 million and EBITDA earnings climbing 33% to £12.1m. Headquartered in Kintore, near Inverurie, the pipeline technology company's principal activity is the provision of pr
Stats Group
Aberdeen-based pipeline engineering specialist STATS Group, a wholly owned subsidiary of Mitsui & Co, has announced that chief executive officer Leigh Howarth is stepping down in a planned leadership transition and will assume a non-executive director role with the company. Stephen Rawlinson, ST
Japan's Mitsui & Co. has penned a deal to acquire Aberdeenshire-based pipeline integrity solutions provider STATS for an undisclosed sum. The acquisition combines Aberdeenshire-headquartered STATS with Mitsui’s Iron & Steel Business Unit, with the closing of the transaction expected in
STATS Group has appointed Ross Wallace as finance director, strengthening its management board. Mr Wallace joined the STATS in 2011 and has worked in several finance roles, including group financial controller ahead of his promotion to finance director.
Kintore-based pipeline technology specialist STATS (UK) Ltd increased revenues to just under £50 million while EBITDA earnings rose to £7.8m from £6.5m, according to the firm's latest annual results. Revenues increased by £7.2m to £49.7m (up 17% from £42.5m) while
Aberdeenshire-based STATS UK Limited (STATS) today announced that its shareholders have executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies Group plc (SRJ). The acquisition combines Aberdeenshire-based STATS with SRJ’s portfolio of di
Aberdeenshire-based STATS Group has established a new Australian entity and will invest up to $AUD 2 million (£1 million) in workshop facilities and intervention equipment to support its drive in the country’s pipeline integrity market. The pipeline technology specialist has been success
Aberdeenshire-based pipeline technology specialist STATS (UK) Ltd delivered revenues of £42.5 million and recorded EBITDA earnings of £6.5m despite the challenges of Covid-19. According to the firm's latest annual accounts, revenues increased by £3.4m (up from £39.1m) while e
Former Deloitte and Arthur Andersen partner Garry North has been appointed as a chief operating officer of Aberdeenshire energy services company STATS Group. Mr North has over four decades of experience in the engineering and oil and gas industries and has held senior management roles in Europe, Nor