TPT July 2011

I ndustry N ews

Management buy-out deal creates a promising future for iNPIPE products

INTERNATIONAL Pipeline Products Ltd has been acquired as part of a management buy-out supported by private equity investor Meridian Equity. The company, which is known internationally under the brand name, iNPIPE Products™, has been acquired for an undisclosed sum from parent company Pan-Atlanta Developments Limited, to accelerate the growth of the business into new premises required for rapid expansion. iNPIPE Products, a member of energy sector business development organisation NOF Energy, has been a supplier to major operators and international contractors for over 25 years and continues to grow. The company has increased worldwide turnover and profits year on year and the company has significant development and further recruitment planned for the next 12

months. From its headquarters in North Yorkshire, England, iNPIPE Products designs, manufactures and hires an array of ‘pigging’ pipeline maintenance and testing equipment and services. The Pig Signaller, its first patent, was developed with omni-directional properties. This is of particular importance when orientating the signaller on the pipeline because with an iNPIPE Products omni-directional trigger it is impossible to install the trigger unit incorrectly. The company is also able to work with clients to produce tailor-made products alongside its standardised range, and bespoke manufacture accounts for approximately 25 per cent of its business. As oil prices continue to rise, sales director Gavin Newall reflects on how this affects the company’s hopes for the

near future: “Over the next two years we’d like to see the company grow to twice its current size, consolidating our position in the market place and moving the company forward into more service- orientated products.”

iNPIPE Products – UK Fax: +44 1748 834 121

Email: uksales@inpipeproducts.co.uk Website: www.inpipeproducts.com

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