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Proserv has acquired Nautronix, the Aberdeen-based supplier of sub-sea digital acoustic products with 120 staff.

Proserv, the Aberdeenshire-based energy services firm with 2,200 staff, is to be acquired by US private equity firm Riverstone Holdings for undisclosed terms.

Proserv has acquired KRG Industries, the precision engineering firm with 170 staff in Lanarkshire and Stockton.

Proserv is looking to recruit 75 engineers and technicians at its Aberdeen-based energy technology services business.

Proserv is looking to relocate its energy services business to a larger site in Great Yarmouth, and will also create up to 50 new jobs.

Proserv is to create more than 130 jobs at its energy technology operations in Aberdeenshire and elsewhere, having won a number of new contracts from the oil and gas industry.