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Ramco: Supporting new contract wins

Secondary buyout helps inspection business to grow its customer base and make acquisitions.

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Sector
  • Industrials

RAMCO specialises in the care and maintenance of steel pipes.

Employees: 198

Deal type
  • Secondary buyout
The Team
LDC Region

Ramco, established in Aberdeen in 1977, is a specialist in the inspection, internal and external blast cleaning and protective coating of steel pipes.

These pipes are used in the oil and gas exploration and production sector for recovery and transmission applications.

International acquisition

In March 2013, LDC completed the secondary management buyout of the business and Ramco’s management team is committed to further international expansion following its acquisition of Norway-based Pipetech International in 2014.

Major contracts

In 2017, Ramco secured four new contracts worth more than £35m. The new contracts have enabled Ramco to deliver pipe care excellence across a range of service lines, including oil country tubular goods (OCTG) support services for nine operational facilities, inventory management, logistics, storage, blast cleaning, off-shore preparation and inspection services.