Management acquisition of NDT and coatings training specialist IMechE Argyll Ruane
03/10/2024
The successful management acquisition of IMechE Argyll Ruane has been announced, marking a significant milestone for the organisation, which is a world leader in non-destructive testing (NDT) and coatings training, examinations and consultancy services.
Building on its strong brand and heritage, the company will reinstate its former name, Argyll Ruane Limited, which it used from 1998 to 2016.
Members of the management team, led by Managing Director Bryan Ravenshear, have bought the two trading entities:
IMechE Argyll Ruane and IMechE Fife NDT Limited, from the Institution of Mechanical Engineers (IMechE).
The new owners, Bryan Ravenshear (Managing Director), Sally Taylor (Finance Business Partner) and Kristian Hampson (Group Technical Manager) are excited to advance the organisation’s legacy of success.
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| The new owners of Argyll Ruane Limited (left to right): Kristian Hampson, Bryan Ravenshear and Sally Taylor |
Bryan commented: “Kristian, Sally and I have dedicated many years to working in various roles and departments within the organisation. We possess a deep understanding of its operations, the industries we engage with and the clients we support, positioning us well for future success.
“With our team’s ongoing support, we firmly believe that Argyll Ruane Limited will continue to be a trusted partner in the NDT and coatings industries for many years to come.”
As IMechE embraced a revised strategic direction, an extensive review was conducted of the enterprises within Professional Engineering Projects Limited, the Institution’s commercial arm. The goal was to ensure that these enterprises align with the Institution’s updated vision and strategic objectives and to assess whether the current ownership is conducive to fostering continued growth and success.
The review concluded that, through having greater autonomy and adopting a more commercially focused ownership, IMechE Argyll Ruane would be able to better leverage its strong market position and many opportunities available.
