In a strategic move to enhance global procurement solutions, Grandholm Production Services has acquired Aberdeen-based RSD Supplies & Services in a six-figure deal.
RSD was formed in 1999 as a one stop solution to source and supply a wide range of essential high-volume products, including general consumables, components, and equipment, to support on and offshore operations.
Based in Glasgow, Grandholm Production Services owns and operates an international business, manufacturing heat transfer cooling components for world-leading refrigeration brands. It also owns Vantage Tags, a specialist business supplying bespoke safety tags for safety critical sectors.
As a result of the acquisition, RSD will become RSD Vantage with an expanded portfolio of products, including bespoke safety tags. Customers will benefit from access to Grandholm’s international operations in Brazil, Turkey, Italy, Germany, and Hungary.
The new look company will be managed by Chris McGeehan Jnr, a contracts and procurement specialist with wide experience in the oil and gas and geotechnical drilling sectors.
Chris McGeehan Jnr agrees deal with director Sarah Colville to acquire RSD Supplies & Services.
Commenting on the strategic rationale behind the acquisition, Chris said: "In our meetings as a safety tags supplier, procurement departments were asking if we could source a broader range of products. While we could do that, we wanted to keep a clear pathway for our growing safety tags brand.
"To meet this demand, we took the decision to buy an established procurement company, and RSD fitted the profile we were looking for.
"Our plan is to collaborate with internal departments and specialist procurement houses, where we already have good relations, sourcing everything they need from essential maintenance supplies to critical mechanical components. This will free up our clients’ time to focus on high-value purchases."
The acquisition ensures job security for all RSD employees, with the workforce set to grow as Vantage Tags' staff join the team, bringing the total number of employees to ten.
Sarah Colville, RSD director, said: "We are delighted that RSD has been acquired by Grandholm. This will safeguard the future of the business and provide a platform on which to grow.
"This acquisition represents a natural progression for RSD and by joining forces with Grandholm, we’re not just expanding our international reach, but creating a more comprehensive service offering that will better meet the evolving needs of our clients."