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Hendrik Veder Group makes seven-figure investment in UK operations
Two years after establishing its Aberdeen presence, Hendrik Veder Group is maintaining its commitment to growth in the region, reporting a strategic acquisition, significant contract wins and an exponential increase in staff numbers within the last 12 months.
With sites in five European countries, the Netherlands-headquartered company specialises in steel wire & fibre rope products, lifting and inspection services and next generation asset management provision, operating one of the largest wire rope sling production and test facilities in Europe.
The seven-figure investment in UK operations comes as part of an ambitious growth plan through investment in the Group’s UK sites in Aberdeen and Sheffield.
International Development Director, Harry MacLean, said: “Our shareholders, Active Capital Company, have provided support at a time when continued investment in manufacturing operations is very welcome ahead of Brexit.
“This investment is testament to the confidence they have in our UK-based teams and has resulted in the ability to synergise our UK provision with that of the wider Group. The capability now exists to deliver a consistent range of combined products and services, economies of scale and additional technical support across Europe.”
The acquisition, alongside a number of contract wins and investment in stock and equipment, has marked a fundamental shift in Hendrik Veder Group’s manufacturing capabilities in the UK. With manufacturing facilities in both Aberdeen and Sheffield, the company has capacity to deliver 103mm diameter wire rope slings and houses an 800-tonne testbed.
Facilitating the increased range of capabilities on offer, the company has developed significantly in Aberdeen during the last 12 months. This includes the addition of 20 personnel and an expansion in premises from a city centre, office-only space as a wholesale product supplier to its new Bridge of Don base – complete with large scale manufacturing facilities.
At 25,000 sq ft the new base adds to the 28,000 sq ft Sheffield site, with additional presses increasing manufacturing capacity in the UK by over 150%.
Findlay Moir, Hendrik Veder Group UK Managing Director, added: “Since early 2018, we have gone to considerable lengths to ensure our long-term commitment to UKCS, as we continue to focus upon a strengthened supply chain capability.”
Providing tailor-made services to the lifting and shipping industry since 1800, Hendrik Veder Group provides a one-stop-shop for clients, supplying steel wire and fibre rope products and solutions, primarily to support the UKCS, maritime, subsea and renewables industries.