Abbot looks ahead following 2 billion dollars First Reserve deal

摘要

EARLY MARCH SAW the completion of a 2 billion dollars deal that took the UK's Abbot Group off the London Stock Market and into private equity ownership through First Reserve, but with chairman Alasdair Locke and his management team still firmly in command. Mr Locke is regarded as a most skilful company builder. The manner in which he picked up KCA Drilling, placed it at the heart of what was essentially a shell company (Abbot) and capitalized on the classic brand's reputation and management team strengths to create Britain's only drilling company with real clout is a story of determination and calculated risk taking.