Japan's Mitsui & Co. has penned a deal to acquire Aberdeenshire-based pipeline integrity solutions provider STATS for an undisclosed sum. The acquisition combines Aberdeenshire-headquartered STATS with Mitsui’s Iron & Steel Business Unit, with the closing of the transaction expected in
Stats (Uk) Ltd
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Kintore-based pipeline technology specialist STATS (UK) Ltd increased revenues to just under £50 million while EBITDA earnings rose to £7.8m from £6.5m, according to the firm's latest annual results. Revenues increased by £7.2m to £49.7m (up 17% from £42.5m) while
Aberdeenshire-based pipeline technology specialist STATS (UK) Ltd delivered revenues of £42.5 million and recorded EBITDA earnings of £6.5m despite the challenges of Covid-19. According to the firm's latest annual accounts, revenues increased by £3.4m (up from £39.1m) while e