Howden grows through acquisition

Howden has agreed to acquire Thomassen Compression Systems BV to open up a much wider market for the company in the oil & gas and petrochemical industries. Howden said this acquisition represents a real boost for the Renfrew-headquartered multinational as it builds its compressor businesses worldwide and moves into new markets.

Bob Cleland, Chief Executive of Howden said “I am absolutely delighted with this acquisition which adds a major range of complementary products to our compressor portfolio. It increases our activities in the refining and petrochemical sectors, which have been underweight compared to our core market of power generation. It is part of our strategy to widen our range of products used in performance critical applications in key global infrastructure industries. This acquisition reinforces Howden’s position as a significant part of Scottish engineering, a sector which continues to play a leading role in the country’s economy”.

Howden and Glasgow Caledonian University have worked in partnership to develop Howden Academy, which was launched in July 2008. The Academy combines Howden’s specialist engineering skills and experience with the teaching expertise and worldclass learning facilities of Glasgow Caledonian University. Howden Academy helps the company to attract and retain the very best engineers. It provides new personnel with the fastest possible route to full productivity and allows them to quickly start making a genuine contribution to the company’s activities.

For more information on business training academies, please contact the Applied Knowledge Exchange on 0141 331 3189 or email appliedknowledgeexchange@gcu.ac.uk

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