Technica designs and delivers complex electrical, control, instrumentation, mechanical and process engineering solutions. It specialises in fiscal and non-fiscal metering, RTU, fire and gas, SCADA and industrial automation and control, local gas treatment and the provision of site installation and maintenance. The company restructured its leadership team earlier this year.
The agreement will merge the expertise of Yokogawa UK and Technica to provide products, solutions, and services for the industrial automation and control market. Both companies will target added value for their current clients in midstream oil and gas while facilitating growth into new industries and market sectors.
Yokogawa says that the collaboration with Technica enables the provision of independent product-agnostic solutions by enhancing the traditional system and product supply with an expanded engineering design and CDM (construction (design and management) regulations) service.
The partnership has been established to take projects from the first principles of FEED through detailed design, construction, installation, commissioning, consultancy, and right up to handover and project closeout, providing a complete turnkey solution. As Yokogawa is now able to offer the full range of EPC, EPCM and CDM services, the partnership will act as both the principal designer and principal contractor.
Sales director of Yokogawa UK, Trevor Wren, said: “Our companies have been working successfully together for several years. The formalisation of our partnership takes our commitment to the next level and offers the complete turnkey solution to our customers.”
Chairman of Technica, John Davison, commented: “Part of our business strategy is the development of partnerships and this agreement with Yokogawa UK will allow us to enter into new markets that are currently not open to us. Both of our organisations have complementary skills, and I am confident that together, this collaboration will deliver excellent results for our customers.”
The agreement will run for an initial period of five years. Both organisations have agreed to obtain the ISO44001 standard for collaborative business relationships within the first two years of the collaboration period, overseen through a joint governance board process comprising Yokogawa UK and Technica representatives.