Balmoral Group manufactures polymer-based flotation equipment for the deepwater oil and gas industry. It also makes industrial tanks used for water storage, wastewater treatment and biogas processing. Founded in 1980 by James Milne, 75, the company is based in Aberdeen and has offices in Houston and Rio de Janeiro. International sales surged to £93.2m in 2015, boosted by demand for sub-sea lines from oilfields off Brazil, the Gulf of Mexico and West Africa.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2016
Rank81
CompanyBalmoral Group
ActivityPolymer engineer and manufacturer
LocationAberdeen
2-yr av intl sales growth pa44.02%
International sales £000s93,175
Total sales £000s136,534
Staff557
Founded1980
Websitewww.balmoral-group.com

If applicable:

* Supplied by company † Annualised figure