Acquisition of Rolls Royce Marine Inventories.

Maddex Turbine Services Ltd is very pleased to announce the successful conclusion of negotiations with Rolls Royce, for the acquisition of all Marine Tyne and Olympus inventories, including Engines, Tooling and Spare Parts. During the lengthy process, it was acknowledged that it was in Rolls' best current and future interests in the Marine Gas Turbine market, that Maddex Turbine Services Ltd assume full support and overhaul services for these product lines. These product lines are in addition to the Marine Spey and Industrial Rolls Royce product lines already fully supported by Maddex Turbine Services Ltd.