Strategy switch for fittings firm
Diversification boosts orders for Modul8
Modul8, based in Aberdeen and Livingston, has won nine projects ranging in value from £35,000 to £180,000 and about £1 million in total.
Space Solutions acquired the business four years ago and it currently has a turnover of £5.2 million.
“To start the year so strongly with a pipeline of project work is great and is a direct result of the new strategy of broadening the geographical and sector focus,” said a spokesman.
“It also means that our costs of acquisition are reducing when compared to winning work from just the oil and gas sector alone.”
Andy Davie of Modul8 said: “We are aiming to ensure that our experience and capabilities are available to a broader range of clients, including the public sector.”