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Hydrasun No. 6 in Sunday Times Profit Track 100 Awards 2008

21 Apr. 2008

Aberdeen-based Hydrasun designs, manufactures and inspects hoses, connectors and other components used in the oil, gas, defence and energy industries.  Its clients include BP, Shell and BHP Billiton and its operations are predominantly in Britain, although it has won contracts in the Caspian region, the Middle East, West Africa and Asia Pacific.  

Chief executive Bob Drummond led a £75.5m secondary buy-out backed by Barclays Private Equity last year.  

International expansion has helped to drive profits growth of 95% a year, from £749,000 in 2004 to £5.5m in 2007.

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