GEV Group, a UK-based provider of a wide range of specialist engineering & inspection services such as oil & gas, subsea well control, wind turbine maintenance and industrial coatings, received a £5.4m investment from Maven Capital Partners.
The company will use the proceeds for growth plans.
Led by David Fletcher, CEO, GEV Group includes four main divisions which operate across multiple markets and global locations;
The group’s largest entity, Hull-based GEV Wind Power, is one of Europe’s leading wind turbine blade inspection and repair specialists.
Its second largest trading business, Las Palmas, Gran Canaria-based Subsea Masters, is a skilled engineering provider to the deep water drilling industry.
The other two entities are GEV Offshore and Oxifree. GEV Offshore provides a wide range of services including the supply of project teams for construction, maintenance and asset integrity for the energy services sector. Oxifree is a solution to corrosion problems which creates a protective shield around metals used across a range of industries.