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| KCA DEUTAG recognised as one of Britain’s fastest growing private companies - Monday 8th February 2010 |
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KCA DEUTAG, the international drilling contractor, has been recognised as one of Britain’s 10 biggest private equity-owned companies in “The Sunday Times Deloitte Buyout Track 10 Biggest” league table. The league table is part of The Sunday Times Deloitte Buyout Track 100, which was published on Sunday 7th February. It is compiled annually by Oxford-based research and networking events company Fast Track and is now in its fourth year. The research ranks Britain’s biggest private equity-owned companies based upon fastest-growing profits (EBITDA) of more than £50m. KCA DEUTAG’s parent company, Abbot Group, was ranked as Britain’s 5th biggest. Holger Temmen, KCA DEUTAG CEO, commented: “We are delighted to have been recognised as one of Britain’s fastest growing private equity-owned companies. This reflects our ambitions to continue growing across our key markets through delivering safe, effective and trouble-free operations to our customers.” “The result also highlights the success with which we have managed our business during the global economic downturn, in what have been difficult times for many in this sector. The achievement is a reflection of the hard work of our people.” (Ends) Note to Editors: KCA DEUTAG is one of the largest international land drilling contractors outside the Americas, and one of the largest platform drilling contractors in the North Sea. The company also operates a fleet of mobile offshore drilling units (3 wholly owned jack-ups and 7 part-owned Self Erect Tender Barges). KCA DEUTAG employs about 8,000 people and operates in over 20 countries worldwide. RDS, KCA DEUTAG’s Engineering Division, has been a leader in the design of drilling facilities for offshore units worldwide for over 30 years. The company’s 500-strong workforce provides a range of engineering services from pre-project and Front End Engineering Design (FEED) through detail design, construction support, hook-up and commissioning. The company also executes projects as an Engineering, Procurement, Construction and Drilling (EPCD) contractor to provide platform drilling rigs on a turnkey basis from concept to operations. For further information contact: For further information on the Sunday Times Buyout Track 100 visit: |
