8
Tube ProducTs InTernaTIonal July 2011
news
business & market
Buy-out creates new 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
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% 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
Peter Fretwell, Gavin Newall, Darren Williams, Keith Appleton and Simon Bell
