Amarinth acquires Protect System, manufacturer of seal support and buffer fluid systems

FOR IMMEDIATE RELEASE – 3rd October 2005


Amarinth fuels its growth with acquisition of Protect System

Amarinth, a leading company specialising in the design, application and manufacture of pumps and associated equipment for use in the petrochemical and chemical markets, today announced a significant addition to its range of products with the acquisition of Protect System.

Protect System, a UK company based in Chinnor, specialises in high quality seal systems adapted to suit their customers specific needs. The products are designed and manufactured to PED 97/23/EC, which is the mandatory harmonisation of pressure equipment design throughout the EEC. Products meeting the essential requirements must bear the CE mark, which ensures they can be sold anywhere within the Community. In addition, all the products carry Lloyds Approval. During its 20 years in business, the company has refined solutions ranging from a basic thermosyphen vessel, to fully compliant Zone 1 vessels with inbuilt condition monitoring. Protect System sell around the world and have built a reputation for high quality products with a responsive and adaptable approach, something that differentiates them from many of the larger manufacturers.

Amarinth had always bought-in seal vessels for its range of API 610 pumps, but recognised that with ever-tightening industry regulations it made good business sense to bring this in-house. Howard Lansley of Kinder-Janes Engineers Limited, an existing customer of both Amarinth and Protect System, recognised the similarity in their approach: “Having dealt with both companies it seemed an ideal acquisition opportunity, so I called Amarinth and suggested they investigate the opportunity further. We are very pleased to have acted as the catalyst for this acquisition and hope to benefit ourselves by ensuring the continuity of supply we have come to rely on over the years.”

The Protect System brand will be retained, but Amarinth will take over responsibility for all future development, marketing and sales, allowing the products to benefit from the established in-house design skills and unique e-commerce facilities.
Significant growth is planned, as in addition to designing for their own range of pumps, Amarinth will continue to design vessels for the new customers that the acquisition of Protect System will deliver.

Gordon Blaber, the founder of Protect System and who will continue to act in a consultative capacity following the acquisition, commented: “I am very pleased to see Amarinth taking over my business. They share many of the same values as my own company, specifically in customer focus and adaptability. Having developed a solid customer base over the past 20 years, I now look forward to seeing Amarinth take this business to a whole new level.”

Oliver Brigginshaw, Managing Director of Amarinth, added: “The acquisition of Protect System makes huge sense for us and our customers. As Health and Safety legislation continues to tighten, more customers will be faced with considering double mechanical seal solutions where a single seal may have sufficed historically. With our existing capabilities we are able to develop the existing range and add new solutions to help our customers. The addition of this new product line will open up opportunities for us with new customers worldwide for both pumps and pressure vessels.”

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NOTES TO EDITORS:

Amarinth Pump Manufacturing

Founded in 2002, Amarinth has harnessed the skills, creativity and passion of people who have worked in the pump industry for many years. Amarinth delivers worldleading expertise in the design, application and manufacture of centrifugal pumps and associated equipment to ISO, ANSI & API standards, primarily for the Oil & Gas, petrochemical, chemical, industrial and power markets. The company’s portfolio includes:

• Pumps: Horizontal and vertical API 610 pumps, chemical and industrial pumps, many of which are interchangeable with the Girdlestone pump ranges, eliminating the need for expensive modifications when replacements are required.

• Pressure Vessels: Protect System Plan 52 and 53A and 53B sealant systems with inbuilt condition monitoring for pumps and mixers that are suitable for Safe area up to Zone 1.

• Spares & Service: High quality, fast lead-time re-engineered spare parts to improve performance and extend pump life, including many which are directly interchangeable with the Girdlestone pump ranges.

• Packages & Modules: Condensate Recovery Units manufactured for Spirax Sarco incorporating the innovative Ci-Nergy intelligent variable speed control system, plus bespoke packages & skids built to order.

• Business Systems: state-of-the-art e-commerce technologies that deliver 24/7 support enabling customers to select pumps and place orders on-line and then track every stage of manufacture through to delivery, any time, anywhere in the world.

The company operates globally from its base in Rendlesham Suffolk, United Kingdom and has a customer base of world-leading companies, including BP, Shell, ExxonMobil, GlaxoSmithKline, Pfizer, Spirax Sarco, Diageo, AMEC, Fluor and Halliburton. For further information, electronic copy or photos contact:

Comment:
Alex Brigginshaw
Business Development Director Amarinth Limited
Bentwaters Park
Rendlesham
Woodbridge IP12 2TW
United Kingdom
Tel: +44 (0)1394 462131
Mobile: +44 (0)7703 681821
Alex.Brigginshaw@Amarinth.com

Media Relations:
Phil Harland
B6 Solutions Limited
29 Swan Drive
The Wharf, Aldermaston
Reading RG7 4UZ
United Kingdom
Tel: +44 (0)118 971 3790
Mobile: +44 (0)7880 748380
Phil.Harland@B6solutions.com

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