Metal reprocessing, tubular supply and decommissioning company John Lawrie Group has expanded its activities and service offering by acquiring the assets of 60 North Recycling in Shetland.
The Aberdeen-based John Lawrie Group said on Tuesday that the purchased site was previously occupied by 60 North at Rova Head in Lerwick.
The group took over the daily running of the facility in a deal which would provide further geographic coverage and enhance its ability to serve customers in that region.
According to the company, the facility is strategically placed to support the oil and gas decommissioning sector in the area, as well as local metal recycling requirements, and will raise John Lawrie Group’s overall licensed capability in Scotland to 225,000 tonnes of ferrous and non-ferrous metals per annum, with more growth in the works.
According to the Group, all existing employees will be transferred over to the Group, and plans for investment in new equipment and infrastructure have now begun.
The acquisition is John Lawrie Group’s first major purchase since being recently acquired by its management in partnership with Rubicon Partners and Grovepoint.
John Lawrie obtained a waste management license from the Scottish Environment Protection Agency (SEPA) and a metal dealers’ license from Shetland Islands Council which allow it to operate in the islands.
“The Group plans to increase local employment, invest in new technology and develop the site into a full-service scrap metal processing and decommissioning facility,” the company said.
Dave Weston, operations director of John Lawrie, said: “We’re very pleased to be expanding our business into Shetland. This investment will help deliver an enhanced service to our existing and future customers, and will continue to create new employment opportunities in the area.”