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Insider UK
Insider UK
Business
Hamish Burns

Energy sector maintenance firm snaps up drone operator

Energy sector services firm ICR Integrity has taken over a firm that delivers drone inspections and pilot training.

Aberdeen-headquartered ICR provides safety checks on installations in the offshore and onshore oil and gas and renewables sectors as well as military assets.

It says newly acquired Sky-Futures will take its remote inspection and maintenance services to the next level. The deal was for an undisclosed sum.

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ICR’s chief executive Bill Bayliss said: “This is a very exciting time for the ICR business and its continued growth in the inspection space. We see a huge opportunity with Sky-Futures becoming part of the ICR Group as they are a world leader in the use of drones for data capture and its subsequent management.

"This acquisition, combined with a number of existing product lines within the ICR service portfolio, will provide our global client base with industry-leading technologies to both extend the life cycle and improve the integrity of an asset.”

Middlesex-based Sky-Futures has more than eight years of experience in 28 countries, and is leading the development of commercial Beyond Visual Line of Sight (BVLOS) drone operations. It also has a training academy in Gloucestershire, a franchise in Malaysia and partners in the Middle East.

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Sky-Futures co-founder and COO Chris Blackford said: “The acquisition of Sky-Futures by ICR is an exciting next step in our journey. The combination of ICR’s technical services with drone-based inspection operations provide a highly differentiated offering that will stand out in the market.”

ICR, which specialises in integrity, corrosion, maintenance and repair solutions has operational bases in Aberdeen and Kendal, Norway, Australia, USA, and the UAE. It is backed by private equity investors Graphite Capital. The terms of the transaction were not disclosed.

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