Denholm Oilfield Services disposes of UK valve business

Denholm Oilfield Services has sold its UK valves business to EnerMech Limited for an undisclosed sum.

All direct staff will transfer to EnerMech and Chief Executive Officer, Doug Duguid, said: “The opportunity arose to acquire a well-established valves business which will upscale our existing UK valves business and offer economies of scale.

“Denholm Valvecare has a lengthy track record of success and enjoys many positive relationships in the industry. This deal adds value to existing clients of both businesses while giving us a strong platform to grow the service in the years ahead.”

Denholm Oilfield Services retains its valve operations in Kazakhstan, Azerbaijan and Abu Dhabi.