Duncan MacBain
Career History
1977 – 1980 Transnordic: Mechanical & Production Engineering Apprentice
1980 – 1983 University of Life: Work & Travel in Germany, France, Gibraltar, USA, Canada
1984 – 1985 Medway Hydraulics: Technical Sales Engineer SE London
1985 – 1986 Aeroquip: Regional Sales Engineer, Distribution & OEM
1986 – 1989 Abbey Hose: Sales Director and opened Kent branch
1989 – 1994 Gatwick Hose: Opened as a start up business with 3 staff as a sub branch of Abbey Hose
1994 – Present Hydraquip: Purchased 100% shares of Gatwick Hose and began trading as Hydraquip
Story
We are making a series of films and we have launched the Fluid Power Growth website to formalise our proposition to the market place and to inform people that we are open and ready for business.
The growth strategy for Hydraquip has been very much fuelled by acquisition over the past two decades.
We have three different strategies for acquisitions. The first one is, if you’ve built your business, have worked hard and you are at a stage where you are looking to exit and are looking to take the reward of building that business, we are ready to have an initial private conversation. You can figure out if we are the right buyer for your business, to make sure your staff are looked after and the customers that have helped you throughout your journey have a vehicle to go forward.
The second strategy is start up, we have several very successful starts ups in the Metal Hose industry and the online business as well as a joint venture business. We are keen to look at new opportunities where people have the right skills and knowledge. We can bring resource, physical buildings, import and export strategies and technology to help turbo start those start ups which we have done multiple times now.
The third area we have experience in is where something has gone wrong in a business and we have been able to step in quickly and stabilise the company, making sure jobs are secure and customers receive continuity. No-one knows when something could go wrong, however we have the ability to keep the continuity of that business going.
Hydraquip started from very humble beginnings, a typical four man branch and it’s no accident that we have managed to grow to 350 staff in 28 trading locations. When we acquire a business, we can bring fresh thinking and we can find the right strategy for that business. Either that business can join the existing business or if it is right, flourish and develop by bringing in our own experience.