Bridon & Cosalt announce new wire rope partnership agreement for UK offshore market

World leading specialist wire rope manufacturer, Bridon International Ltd., and leading Offshore & Marine Safety Equipment Specialist, Cosalt plc, are pleased to announce a new partnership to develop and expand their existing Aberdeen-based wire rope businesses servicing the UK North Sea Offshore Sector.

The new partnership, which commences June 8, 2009, will see the amalgamation of Bridon and Cosalt’s distribution facilities in Aberdeen which will result in a market-leading service and distribution centre able to provide a world class range of wire rope products and associated services.

Both companies have enjoyed long-established and market-leading positions in the UK Oil & Gas market and this new partnership is seen as a natural progression that will significantly strengthen the presence of both companies in this strategic region.

Mark Lejman, Chief Executive of Cosalt, commented:
“We are delighted to be announcing this partnership with Bridon. We see the combination of Bridons very strong reputation for rope manufacturing and our extensive range of safety services to the UK Offshore market as a massive opportunity to extend further our activities with our customers in the North Sea. This move further consolidates our very strong position in the UK Oil & Gas market.”

David Onachilla, Bridon’s Sales & Marketing Director commented:
“We at Bridon are very excited about this opportunity, and we are confident that our new partnership with Cosalt will improve our ability to serve the offshore oil & gas market in the UK North Sea region. We believe the combination of Bridon’s rope making expertise and Cosalt’s ability to provide inspection, maintenance and service will be a very powerful combination that will create significant value for our customers.”

Bridon – the world’s leading specialist in the manufacture of wire and rope solutions for the most demanding applications, delivering reassurance through unrivalled experience.

Cosalt are the leading safety and workwear company in the Industrial, Marine and Offshore Oil and Gas markets, and have a proud history of providing vital services and bespoke life saving equipment.