Unique Group acquires GSE Rentals

Business & Finance

Unique-Group-acquires-GSE-Rentals

Unique Group has acquired an Aberdeen-based marine survey equipment company GSE Rentals (Geophysical Survey Equipment).

GSE Rentals is now wholly owned by Unique Group and the company’s workforce will be retained, Unique Group’s press release reads. Former owner, Stan Moroney, will continue as business advisor and consultant to Unique Group.

According to Unique Group, this acquisition strengthens its presence in non oil and gas markets, with a focus on offshore renewable energy projects, submarine cables, dredging, ports and harbours and civil projects.

Harry Gandhi, founder of Unique Group said: “Our acquisition Of GSE Rentals will help us consolidate and expand into key markets that complement our existing offering, from Aberdeen to Singapore.”

Stan Moroney, the now former owner of GSE Rentals, said: “Becoming part of Unique Group will allow us to invest further in our rental pool and ensure that we have all the skills and equipment to meet our clients’ needs now and in the future.”

Unique Group is a UAE-based integrated subsea and offshore solutions provider.

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Image: Unique Group/L to R: Andy Doggett, Unique Group’s survey equipment division Director; Stan Moroney, former owner of GSE Rentals; and Ray Hughes, Managing Director of Unique System UK Ltd