EnerMech, the oil services group with a Lloyds-backed warchest, has pounced on two acquisitions in Australia and the UK in deals worth a total £10 million.
The Aberdeen company, founded in 2008, unveiled a £20m funding boost from Lloyds in April.
Vicon Services becomes its second Australian acquisition this year, following the January purchase of Melbourne-based Valve Tech Engineering.
Vicon has more than 100 staff across another five Australian locations, with turnover last year above £12m.
Michael Buchan, EnerMech's finance director, said: "Australia is a key market for EnerMech and the deal sends out a strong signal to the energy sector that we are serious about investing there and will use our extensive resources to deliver a more integrated and cost-effective service to our clients."
Vicon's services include high pressure water-jetting, coating systems, heat exchanger and chemical services.
The second deal sees the Aberdeen-based mechanical engineering group snap up Great Yarmouth and Aberdeen-based Total Reclaim Systems (TRS), which provides mud pit and tank-cleaning services for offshore oil rigs and production platforms.
Doug Duguid, managing director of EnerMech, said: "This acquisition widens the scope of services we can provide to our clients in the drilling support sector and it fits in very well with our policy of trying to offer each client as integrated a service as possible.
"TRS is well established in the North Sea, and has worked in Australia and Africa, but we both recognise there is a huge potential for its suite of products in overseas markets. We will make good use of our international network and local contacts to accelerate growth and to expand the business."
EnerMech already has 1400 staff across 24 locations and is predicting this year's turnover will top £225m. It supplies items such as cranes, valves and pipeline plus training and hydraulic engineering services.
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