by Tina Olivero

    Crosbie Group acquires 50% ownership in MacKinnon & Olding

    Newfoundland based Crosbie Group Limited & Member Companies (Crosbie Group) and Dartmouth, Nova Scotia-based MacKinnon & Olding Limited (MacKinnon & Olding) are pleased to announce they have formed a partnership arrangement, creating one of the largest industrial maintenance companies in eastern Canada. Under the terms of the agreement, Crosbie Group has acquired a 50% ownership interest in MacKinnon & Olding.

    Crosbie Group, through its offshore and onshore industrial maintenance companies Crosbie Salamis Limited and Atlantic Maintenance Services Limited respectively, employs in excess of 300 engineers, technicians and tradespeople, primarily in Newfoundland & Labrador. Crosbie Group’s investment in MacKinnon & Olding represents an important first step in its diversification strategy, broadening Crosbie Group’s market exposure and moving the company into new regions. MacKinnon & Olding has a long history of providing similar maintenance services, with a focus on the marine and defence markets in eastern Canada. Crosbie Group and MacKinnon & Olding, combined, will provide over 500 skilled professionals to the industrial maintenance space in eastern Canada.

    “We are delighted to be partnering with MacKinnon & Olding” said Robert Crosbie, Chair of Crosbie Group. “This investment will give both companies the opportunity to share technology and expertise that will enhance our industrial maintenance service offering in the markets we serve.”

    Rob Crosbie

    Robert Crosbie, Chair of Crosbie Group

    “This partnership will further support the growth of our company,” said Don MacKinnon, President of MacKinnon & Olding. “It will allow us to build on our existing relationships and grow into new markets.” The transaction closed on November 15, 2017.

    For more information on each company, visit their websites at www.crosbiegroup.com and www.mac-old.com.

    About Crosbie Group Limited & Member Companies

    Crosbie Group Limited & Member Companies (Crosbie Group) is a wholly owned and operated Newfoundland & Labrador based family business with its head office located in St. John’s, NL, Canada. Crosbie Group has a diverse portfolio of business interests which span offshore oil and gas, onshore industrial, construction and real estate sectors. Throughout Crosbie Groups’ business, the company’s priorities are always is the safety of its people, protecting the environment, being honest, sincere and professional, building relationships and providing superior client-focused solutions and developing our team to better support our clients. Crosbie Group draws on innovative practices, partner relationships and extensive experience to provide the highest standards of products and services.

    About MacKinnon & Olding

    MacKinnon & Olding (M & O) offers a complete soft trades solution focusing on five specialty services under one roof with more than 30 years experience in each division. Maintaining all certifications and meeting strict government guidelines have made M & O a trusted partner for a growing number of companies in need of quality and reliability. M & O remains the #1 marine contractor for the Canadian Navy on the east coast. An ISO company with COR- NSCSA certification, the company continues to build itself on its ability to deliver core services while maintaining the highest standards.

    Tina Olivero

    30 years ago, Tina Olivero looked into the future and saw an opportunity to make a difference for her province and people. That difference came in the form of the oil and gas sector. Six years before there was even a drop of oil brought to the shores of Newfoundland, she founded The Oil and Gas Magazine (THE OGM) from a back room in her home on Signal Hill Road, in St. John’s, Newfoundland. A single mother, no financing, no previous journalism or oil and gas experience, she forged ahead, with a creative vision and one heck of a heaping dose of sheer determination. With her pioneering spirit, Ms. Olivero developed a magazine that would educate, inspire, motivate and entertain oil and gas readers around the world — She prides herself in marketing and promoting our province and resources in unprecedented ways. The OGM is a magazine that focuses on our projects, our people, our opportunities and ultimately becomes the bridge to new energy outcomes and a sustainable new energy world. Now diversifying into the communications realms, a natural progression from the Magazine, The OGM now offers an entirely new division - Oil & Gas Media. Today, The Oil and Gas Magazine is a global phenomenon that operates not only in Newfoundland, but also in Calgary and is read by oil and gas enthusiasts in Norway, Aberdeen, across the US and as far reaching as Abu Dhabi, in the Middle East. Believing that Energy is everyone’s business, Ms. Olivero has combined energy + culture to embrace the worlds commitment to a balance of work and home life as well as fostering a foundation for health and well being. In this era of growth and development business and lifestyle are an eloquent mix, there is no beginning or end. Partnering with over 90 oil and gas exhibitions and conferences around the world, Ms. Olivero's role as a Global Visionary is to embrace communication in a way that fosters oil and gas business and industry growth in new and creative ways.

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