Hatch acquires UK firm g3baxi partnership
Mississauga, Ontario, Canada, and London, United Kingdom— Today, Hatch and g3baxi partnership (g3) announced they have entered into a definitive agreement under which Hatch will acquire g3—an employee-owned oil and gas engineering company that was founded in the UK in 2007. g3 will retain its distinct brand, working under the Hatch group of companies, and embracing its culture, manifesto, and business ethos. The transaction, which has now closed, will enhance the skills and expertise of both companies and enable the delivery of unprecedented service within the energy market over the short, medium, and long term.
“The g3 team has developed a fantastic business centered on safety, innovation, and providing true value for their clients,” Robert Francki, Hatch’s global managing director for Energy said. “Together, we can accelerate our growth in this market. Today is another very positive marker in Hatch’s growth in oil and gas and our vision for the future as we seek to offer sustainable, market-leading engineering excellence for our clients around the world.”
g3 has built a strong and growing business over the last decade throughout the UK and the Middle East. The company has extensive knowledge and understanding of upstream facilities, pipelines, and terminals, working as both a specialist consultancy or on large, multidiscipline projects. “g3’s proven track record for delivering bespoke engineering solutions in the field of upstream hydrocarbon extraction, in combination with Hatch’s multi-sector engineering and delivery capabilities in the distribution and utilization of hydrocarbons, allows us to provide complete ‘well-to-wheel’ solutions for operators in the oil and gas industry,” said Sanjiv Save, managing director, Oil and Gas at Hatch.
“Today we embark on a new phase in our journey as g3—a company known for its expert conceptual ability, responsiveness, and proven engineering and technical skills. To have the opportunity to join Hatch, a company whose corporate culture shares many of our same values, is an exciting next step in our history. We’ll now be able to leverage our skills and embark upon larger, more complex projects in the future,” added Mike Goodman, managing director, g3.
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About g3baxi partnership
g3 is an employee-owned upstream oil and gas engineering company that provides innovative engineering solutions for the most difficult oil and gas production problems. Our skills commence at the bottom of the wellbore and stretch to the refinery gate or through gas distribution to the final customer. Our experience covers all aspects of the industry including both on and offshore production facilities, gas processing facilities, storage, terminals and pipelines. Our expert analysis tools allow us to apply steady state and transient system understanding to our clients’ facilities, and our capabilities in these areas is second to none. We support our clients, wherever they work, and help them add the maximum value to their assets and provide the products and energy that the world relies on.
Whatever our clients envision, our engineers can design and build. With over six decades of business and technical experience in the mining, energy, and infrastructure sectors, we know your business and understand that your challenges are changing rapidly. We respond quickly with solutions that are smarter, more efficient and innovative. We draw upon our 9,000 staff with experience in over 150 countries to challenge the status quo and create positive change for our clients, our employees, and the communities we serve.