Entier awarded £6.5 million by the British Growth Fund
Westhill-based catering and maintenance company Entier has been awarded £6.5 million by the Business Growth Fund (BGF) to expand overseas.
The company currently works at 38 locations in 23 counties, including the US, Trinidad & Tobago, Australia and Singapore.
Founded in 2008, Entier’s 760 employees service more than 4,500 staff on oil and gas rigs and other remote installations across the world, along with hotel services, laundry, recreational and welfare facilities.
Clients include Apache, Rowan Drilling, EnQuest and Technip.
“I’ve said in the past that I want to grow Entier into a £100 million company and, with the backing of BGF, I believe we could do far better than that,” said Entier chief executive Peter Bruce.
“While the price of oil and gas remains low, offshore operators are keeping a keen eye on cost, which presents opportunities for companies like Entier because we are big enough to deliver large contracts, but small enough to work with clients to offer bespoke services on their offshore installations.”
Created in 2011, the BGF is a £2.5 billionUK-based company that invests in UK-based SMEs.