Glacier Energy Strengthens Hydrogen Offering with Acquisition of Teesside Fabrication Business
Key Ideas
- Glacier Energy acquires Francis Brown to bolster hydrogen storage and distribution capabilities, increasing group headcount to over 300.
- Francis Brown specializes in pressure vessel and structural fabrications for various sectors, including oil and gas, nuclear, and renewable energy.
- The acquisition leads to the creation of a larger manufacturing division across Teesside and Rotherham, enabling support for sustainable energy projects.
- Glacier secures a multi-million pound investment from BGF to fuel rapid growth, expand manufacturing capacity, and establish a technician training academy.
Glacier Energy, based in Aberdeen, has acquired the Teesside fabrication business, Francis Brown, to enhance its hydrogen storage and distribution offerings. This acquisition, part of Glacier's strategy to double in size by 2028, expands the group's headcount to over 300. Francis Brown, with its expertise in manufacturing pressure vessels and structural fabrications for sectors like oil and gas, nuclear, and renewable energy, aligns well with Glacier's plans for growth. Following the acquisition, Glacier will operate a larger manufacturing division across Stockton-on-Tees and Rotherham to support sustainable energy projects. The investment from BGF will further fuel Glacier's expansion, allowing for increased manufacturing capacity and the establishment of a technician training academy. With a focus on energy transition sectors like hydrogen, Glacier aims to leverage its capabilities in various specialized areas to drive growth. The appointment of key personnel like Nick Horler as non-executive chairman and Mark Ritchie as group CFO reflects Glacier's commitment to strategic leadership in the evolving energy landscape.
Topics
Projects
Renewable Energy
Investment
Energy Transition
Manufacturing
Expansion
Acquisition
Growth
Specialist Sectors
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