JDR Cables

JDR
Website www.jdrglobal.com

JDR Cable Sytems is a a manufacturer of subsea cables for electric power transmission, based in Littleport, Cambridgeshire (UK) with a manufacturing facilities in Hartlepool (UK).

History

In 1971 Peter Jacques and G.H. Chaplin formed Jacques Chaplin Engineering based in Hertfordshire manufacturing industrial hoses. In 1981 the company relocated to Littleport, Cambridgeshire under the name GH Chapling (Eng). In 1983 the company was acquired by Rotork, and renamed Jacques Rotork. In 1988 a management consortium bought the company and the business became known as Jacques Cable Systems.[1]

In c.1991 Bromsgrove Industries acquired Jacques Cable and in 1994 acquired De Regt Special Cables - the two businesses were merged under Bromsgrove and reamed Jacques De Regt Cable Systems, later JDR Cable Systems. In 1988 overall ownership was acquired by NatWest Equity Partners. In 2007 the business was acquired jointly by Vision Capital, Goldman Sachs and management.[1]

After the 2007 acquisition the company established a factory at the Port of Hartlepool at a cost of c. £30 million, enabling easy transhipment of undersea cables direct to ship.[1]

In 2011 the company's dutch subsidiaries, its marine cable division, JDR Cable Systems Holdings Netherlands BV, and JDR Cable Systems BV (nr. Rotterdame) were sold to Fugro NV, and renamed De Regt Marine Cables.[2][3]

By 2015 the Hartlepool facility had expanded to include 280,000 square feet (26,000 m2) of warehousing and employed 180 persons, driven by orders from the offshore oil and gas and wind industries.[4] In early 2016 the business began constructing an additional 80,000 square feet (7,400 m2) factory at Hartlepool.[5]


References

  1. 1 2 3 "Underneath the deep blue sea . . .", www.cambridge-news.co.uk, 20 Aug 2013
  2. ↑ "Fugro Acquires JDR Cable Systems Holdings Netherlands BV", www.euro-petrole.com, 3 May 2011
  3. ↑ "A new beginning", www.europeanoilandgas.co.uk, 2 Aug 2011
  4. ↑ Price, Kelly (21 Oct 2015), "JDR Cables is creating global "centre of excellence" on Teesside", www.gazettelive.co.uk
  5. ↑ Cordner, Chris (2 Jan 2016), "JDR Cables reveals massive growth plans that could bring juge boost for Hartlepool", www.hartlepoolmail.co.uk

External links

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