Close X

Leave a comment


Name:
Email:
Comment:
  I have read and understand the terms and conditions
 

Please click the post button only once - your comment will not be published immediately

Carbon footprint

Business Focus >>

The new manufacturers The new manufacturers

A great British renaissance has been taking place. From Aberdeen to the West Country, the zing is back in manufacturing. It’s about time this spectacular story was told.

  • hot
  • hot

Guardian sells 44 per cent stake

by Peter Kneller - Tuesday, 22nd April 2008 -

Guardian sells 44 per cent stake

An impressive transaction that proves that deals can still be done in the middle-market.

Wales-based oil services business Guardian Global Technology has sold a 44 per cent stake to specialist oil and gas fund Epi-V for £5m (€6.25m).

Guardian Global, which was established in 2004, is a manufacturer of specialist measurement equipment used in oilfield production across the globe.

The company’s products are used to measure variables such as pressure, temperature and flow within a well bore in order to monitor hydrocarbon production from the oil reservoir.

Guardian Global’s customer base includes Weatherford, Expro, Halliburton, Baker Atlas and Aker Kvaerner.

The business, which saw revenue grow by 42 per cent over the past year, recently moved to a 1,395 sq m facility on Pyle, Wales.

“This deal is the next stage in the business’s progression as we’ve secured the backing of an investor that has invaluable sector knowledge and a strong track record of commercialising and marketing innovative new technology to the global oil and gas service industry,” said Guardian Global Technology managing director Iain Maxted.

BUSINESS NEWS >>

Senior care franchise fills gap in market

By Catherine Woods - October 10, 2008 3:21pm GMT

Trevor Brocklebank and his wife, Sam, bought the UK franchise for alternative care business Home Instead Senior Care after struggling to find appropriate services for his ailing grandfather.

Stop press: Sir Alan Sugar's bought into Woolies

By Rebecca Burn-Callander - October 10, 2008 2:36pm GMT

Amstrad founder and Apprentice star Sir Alan Sugar today acquired a four per cent stake in the ailing Woolworths chain.

Testing is crucial for new social networking site

By Catherine Woods - October 10, 2008 12:34pm GMT

Social networking site Wigadoo.com wants to make it easier for friends to organise social events when there’s money involved – from holidays to hen parties.

Does the Lightning car have electric appeal?

By Kate Pritchard - October 10, 2008 11:46am GMT

It scorches from 0-60mph in less than four seconds, its batteries can be charged in ten minutes and you can imagine James Bond sitting behind the wheel. But will the über-stylish electric Lightning car ever make money?

The financial market today

By Rebecca Burn-Callander - October 10, 2008 10:47am GMT

Share prices tumble further. Brown calls for global support for failing banks. And Pesto thinks its only going to get worse.

Brochures on Saving and investing

BUSINESS COMMENT >>

Playing monopoly with Alistair Darling

By Rebecca Burn-Callander - October 10, 2008 5:11pm GMT

It's Friday afternoon and RB's eyes are bleeding from frantically watching the rise and tumble of the financial markets today. To give our peepers, and yours, a well deserved break from doom and gloom, check out today's funnies from NewsBiscuit.

Market crisis: the Real Business bargepole ten

By Stuart Rock - October 10, 2008 1:53pm GMT

The market crisis has some big losers.

Global financial crisis: what next?

By Catherine Woods - October 09, 2008 11:31am GMT

I received a text from an investment banker friend this morning who, it has to be said, is master of the understatement.

Interest rates: the reaction

By Catherine Woods - October 08, 2008 4:03pm GMT

Was today’s global interest rates cut “one of the big, pivotal moments for the economy”?

Why I love being British...

By Rebecca Burn-Callander - October 08, 2008 2:01pm GMT

The financial markets are in turmoil. It's the worst banking crisis since the 1930's. A cloud of doom hangs over our fair nation. But some people still have the balls to have a little joke about it all.

Business Comment 

Click here to sign up for the Real Business newsletter
Real Business Front Cover