MacArtney UK announced the acquisition of Callidus Subsea, an industrial cable moulding and assembly company based in Ellon, Aberdeenshire. The acquisition of Callidus follows a sustained spell of growth and record breaking results for the Aberdeen-based MacArtney operation.
According to MacArtney UK Managing Director David Buchan, all the staff who has been employed by Callidus will transfer to the MacArtney facility in Dyce during the next few weeks, taking the total employee count up to 60. Likewise, the previous owners of Callidus, Mike Callaghan and Derek Woodrow, will transfer to MacArtney where they will take up new key positions.
The new Callidus staff members bring along more than 50 years of combined experience of providing cable harnesses, connectors, custom mouldings and cable assembly solutions for harsh subsea environment applications – with areas of specialisation including diving umbilicals, ROV and tooling cables. At MacArtney UK, the new members of staff will join a team of experienced and highly trained cable assembly and underwater technology experts wielding the latest production techniques and cutting-edge technology.
“This is a very good day for both companies and their staff and more than anything; the acquisition represents another big step towards our strategic goal of providing a market leading cable moulding and assembly service,” says David Buchan.