Wrist Ship Supply acquires Strachans
Wrist Ship Supply, one of the world’s largest ship supply companies, has announced the acquisition of Strachans Ltd, the UK’s leading independent food distributor to the offshore catering market.
“Strachans’ specialist offshore expertise and proven track record makes it an excellent partner through which to capitalise on the opportunities of the growing offshore market for supplies”, says Robert Steen Kledal, Managing Director, Wrist Ship Supply.
The agreement combines Strachans’ specialist offshore market knowledge with Wrist’s global network, worldwide infrastructure and financial strength and provides the foundation for Wrist’s expansion into the global offshore oil and gas industry – a market of significant growth and opportunity. The move will also enable Wrist to grow its existing operations within the UK.
“Strachans’ specialist offshore expertise and proven track record makes it an excellent partner through which to capitalise on the opportunities of the growing offshore market for supplies”, says Robert Steen Kledal.
“Fundamentally it continues Wrist’s rapid growth, as we look for continued and controlled expansion, strengthening our worldwide operations and creating an unrivalled global platform for providing supplies to the shipping, offshore and related markets”.
Strachans will continue to be led by James Strachan.
“This deal provides Strachans, its employees and customers the opportunity to be part of a thriving global operation. Combining our reputation for service excellence within the offshore market with Wrist’s worldwide network makes for a compelling proposition and the chance to build a brand that is known as the global supplier of choice for the offshore market”, says James Strachan, Managing Director at Strachans.
The deal represents Wrist’s sixth deal in less than two years following acquisitions in Europe, America and Canada
Source: Wrist Ship Supply / maritimedanmark.dk
