Jobs saved: Global Energy Group buys Aiken out of administration

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More than 50 jobs have been saved after Aberdeen-headquartered Aiken Group was bought out of administration in a pre-pack deal.

Aberdeen and Inverness based Global Energy Group (GEG) is the new owner of Aiken, a supplier of offshore accommodation modules which was founded in 1987.

Joint administrators from KPMG said Aiken suffered after making hefty investments in equipment before the recent oil and gas downturn.

Read the full story and all the reaction on the Energy Voice website.