Petroleum Africa
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Wednesday, July 2, 2014
Release
Dutch company Willteco headquartered at Broek op Langedijktoday became part of ESI Energy Service International Inc. of the United States. The acquisition strengthens ESI’s position as a multinational maintenance company that provides tailored engineering services to the onshore and offshore industries worldwide.
Willteco’s Managing Director Willem Wille stressed that the acquisition assures for the long haul the company’s present strong position. Wille: “Particularly in the offshore sector the market increasingly wants worldwide service. We also see a trend of customers looking for high-end knowledge and expertise but being cautious about cooperating with smaller regional parties. It was time for us to take the next step: either take over a company or join one. We opted for the latter”. As part of ESI, Willteco will leverage more market strength and be better able to follow its customers all over the world, said Wille. “In short, we will more quickly become the global player that we want to be.”
Strengthening
The Willteco acquisition is in line with ESI’s strategy of reinforcing its position worldwide. Through the acquisition ESI will add three new countries to its existing network. Willem and Patricia Wille see the acquisition as a milestone both for the Willteco/ESI combination and for themselves personally. They established Willteco in 1990 and built up the company into a business that now has around 60 permanent employees. As an engineering service provider the company specialises onshore in complex maintenance jobs and machine overhauls at waste energy plants. Offshore the company focuses on inspecting, repairing, maintaining and upgrading shallow and deep water drilling rigs.
Willtech Asia
Four years ago Wille and Asian partner William Lau created the basis for sister company Willtech that serves the Asian offshore market from Singapore and Johor Port. This company has grown exponentially since its establishment. Within just two years Willtech entered the top 1000 most promising companies in the Singapore region and concluded strategic contracts with Johor Port, which wants to beef up its port profile in the rapidly expanding offshore market. The Asian arm of the Broek op Langedijk company is included in the acquisition. But William Lau will remain co-owner and managing director. Willem Wille will join the managing board of ESI.
Job guarantee
Willteco and Willtech employees have received a job guarantee. The company’s site at Broek op Langedijk will continue to exist. A working group consisting of representatives of Willteco, Willtech and ESI will work out the details of the integration within one hundred days. The future Willteco will be an even more attractive employer, says Patricia Wille. “In addition to guaranteed employment, there will be an extra emphasis on training and education and greater career prospects while everybody will have an opportunity to grow and develop in a dynamic international company. There is a justified expectation that extra jobs will be created to assure the growth.”
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