Envoy Group announced the acquisition of Avantis Marine as part of the Group’s aim to target growth in carbon reduction and clean energy technology for offshore markets
Envoy Group chief executive Iain MacGregor said of the acquisition, “The world is turning its attention to carbon reduction and environmental awareness. Much of the Envoy portfolio seeks to address these themes, not just in new clean energy markets, but also in supporting traditional markets to improve their impact. In the utilities sector for example, Envoy’s group company RSE are finding new ways to build water treatment infrastructure with a near carbon-free impact on the planet."
“The Avantis acquisition gives Envoy the technical capabilities to support this effort in traditional offshore and marine markets.”
Marshall Islands-headquartered marine engineering firm Avantis specialises in environmental performance and clean technologies for the shipping, oil and gas and passenger transport markets. The business operates from bases in the UK, Monaco, Dubai, Singapore and Miami.
Avantis UK-based managing director Tom David said “While the management are predominantly based in the UK, demand for our solutions often comes from foreign markets. Our teams are currently completing major turnkey upgrades to Hawaii-registered cargo ships afloat across the west coast of America and Canada. We also have projects throughout the Mediterranean on cruise ships, as well as work kicking off on FPSOs in Asia. Our experience on high pressure systems also takes the business into other onshore markets.”
Envoy Group was created in 2019 when Global Energy Group split into two and is building a portfolio of industrial service groups, with a focus on those offering carbon reduction technologies. The Group has already acquired Australian company STR Integrity and Leeds based Saftronics Ltd.
Avantis has experience in environmental engineering areas from exhaust gas cleaning systems for cargo vessels, to ballast water treatment systems for cruise liners. The company has roughly 200 employees globally.