Subsea equipment rental and solutions firm Ashtead Technology has expanded its mechanical solutions service offering with the acquisition of Hiretech.
Established in 2011, Hiretech is a management-owned, Aberdeenshire-based equipment rental, service and maintenance company serving the offshore renewables, decommissioning and conventional energy markets.
Through its fleet of marine and subsea equipment rental assets and skilled personnel, the business has an offshore renewables and decommissioning-focused support services offering, which Ashtead will seek to leverage to meet growing global customer demand.