Profit Track 100

Global Energy Group is a Scottish services and contracting business based in Inverness and Aberdeen that builds and maintains engineering equipment for the energy and oil-and-gas sectors. Founder and chairman Roy MacGregor, 61, sold a 25% stake in the group to giant Japanese company Mitsui in 2012 for an undisclosed sum. The investment funded the acquisition of two Australian companies, and profits more than doubled to £28.1m in 2013.

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
Year2014
Rank32
CompanyGlobal Energy Group
ActivityEnergy services provider
LocationInverness
Annual profit growth64.66%
Latest profits £000s28,083
Latest sales £000s357,930
Staff4,410
Founded2005
Websitewww.gegroup.com

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda