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New chapter for company

Aberdeen engineer PDi acquired by Indian group

PDiAberdeen engineering consultancy Project Development International (PDi) has been acquired by Singapore company Tattva International Holdings, part of the India based Tattva Group.

It will take over all PDi assets from the Ceona Group which is currently in administration.

Mark Gillespie, managing director at PDi said: “This is a new chapter for PDi, but it is still business as usual with our existing customers and we will continue to operate as an independent engineering and project management service provider.”

Mr Gillespie will continue as managing director, with Mark Preece, former Ceona chief executive, appointed executive vice chairman.

Mr Gillespie continued: “We have no plans to change our offering, name or branding, and we look forward to being part of a wider growing international oil services group.”

The transaction was handled by Simmons and company in Aberdeen.

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