Royal IHC has acquired Fraser Hydraulic Power (FHP) in the UK and Robbins Technology Group (RTG) in Brisbane, Australia. With these acquisitions, IHC has expanded its offshore rental fleet and gained a stronger foothold in the mining market respectively.
Founded in 1986, FHP designs and builds systems for laying subsea cables and umbilicals with tracked engines and tensioners, cable carousels, and drum handling systems in its product range. These are supplied to the subsea telecoms, renewables, and oil and gas industries. FHP operates from a recently custom-built 28,000ft2 unit at the Neptune Energy Park in Walker, Newcastle.
FHP has developed comprehensive supply and service capabilities, including the rental and refurbishment of equipment, combined with the ability to support its products on a global basis from its base in the UK. The provision of operators, technicians and engineering staff has also become a key element of its business proposition.
RTG
RTG is a multi-disciplined technology company specialising in providing services to the mineral sands industry. It focuses on the design and construction of mining and mineral processing plants, and the manufacture of specialist equipment, as well as assaying, metallurgical test work and circuit development.
The takeover is to strengthen IHC’s position in the downstream minerals processing market for heavy mineral sands, as well as other commodity activities in which IHC has vast knowledge and experience.
