EY Entrepreneur of the Year Awards
Saltire’s Loggie picks up the big prize
The judges commended him on his entrepreneurial spirit and clear vision and business strategy, alongside his focus on innovation and forming the best partnerships and team.
Mr Loggie established Saltire Energy, a leading supplier of drilling tools to the offshore oil and gas industry, in 1986 and has since grown it into a group of three highly successful subsidiaries.
Over the past three years, the company’s turnover figures have increased by 68% and it has grown its on-the-ground presence in Australia, Africa, Europe, the Middle East and the Far East.
The annual EY Entrepreneur Of The Year Awards recognise and celebrate the achievements of individuals that build and lead growing, successful and dynamic businesses. Last night’s event was held at the Gleneagles Hotel.
Serial entrepreneur, Mr Loggie employs a unique business model and has managed to maintain exceptional margins in a very competitive market. The judges were impressed by his clear vision of how he intends to grow the business which is now present in 50 countries.
The panel was led by Duncan Skinner chairman of social enterprise Glencraft, and featured: Sandy Kennedy of Entrepreneurial Scotland, Allan Dowie of Clyde Blowers Capital, Afzal Khushi of Jacobs & Turner (t/a Trespass), Calum Paterson of Scottish Equity Partners, Martin Armstrong of Wheatley Housing Group, Jann Brown of Wood Group, and last year’s Scotland winner Hamid Guedroudj of Petroleum Experts.
David Mitchell, EY Director of Entrepreneur Of The Year Scotland, said: “Saltire Energy is a true Scottish success story, delivering exceptional profit and rapid international growth in a very competitive and volatile market, with further scope for growth still. Mike’s stewardship and focus on and commitment to his staff and clients have seen the company go from strength to strength.”
Earlier this year, Saltire Energy was named one of the 1,000 most inspiring companies in the UK by the London Stock Exchange.
Loggie beat 24 other business leaders to the top accolade and will represent Scotland at the EY UK Entrepreneur Of The Year final in October this year, along with a further seven Scottish finalists whose achievements were also recognised at the ceremony.
They are: Josh Littlejohn, Social Bite; James Watt, BrewDog; Professor Jim Duffy, Entrepreneurial Spark; Grant Keenan, Keenan Recyling; Andrew Kerr, CMS Windows; Peter Bruce, Entièr, Murray Kerr, SengS Subsea Engineering Solutions.
Mark Harvey, EY Scotland Senior Partner, said: “Each year we are delighted to discover and learn about new innovative, dynamic businesses and we have an outstanding group of entrepreneurs representing Scotland and going forward to the UK finals.
“The quality, diversity and tenacity of our entrepreneurs who are helping to make Scotland the most successful place it can be is something to be proud of.”
Josh Littlejohn of Social Bite and Jim Duffy of Entrepreneurial Spark both took home a Social Enterprise award.
James Watt of BrewDog won the Consumer Products and Services award.
Andrew Kerr of CMS was the Manufacturing winner.
Murray Kerr of SengS Subsea Engineering Solutions won an Emerging Entrepreneur award, which was presented by Deputy First Minister John Swinney.
The Services to Business award was won by Grant Keenan of Keenan Recycling.
Peter Bruce, of Entièr, also won an award in recognition of how he has scaled up and diversified the business while maintaining quality.
Missing and unmentioned: See Chatterbox