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Success: Decom wins global contracts

Congratulations to our portfolio company, DECOM Engineering, on securing a "pipeline of multi-million-pound global contracts."

This follows the completion of previous investment rounds, which included support from private investors and HBAN (Halo Business Angel Network) amongst others and R&D grant support from Invest Northern Ireland

Co Tyrone engineering firm Decom said it’s secured “a pipeline of multi-million-pound global contracts” after receiving more funding.

The company, which is headquartered in Cookstown and recently opened a base in Aberdeen, has developed world-first technologies in pipe cutting, coating and removal, to help the process of decommissioning the energy sector.

Now it will take that technology to more continents after follow-on investment from Co-Fund NI and HBAN, which will fund operations in Thailand, Malaysia and Canada.