Plexus Holdings founder named Entrepreneur of the Year

The Chief Executive Officer and founder of oil and gas engineering group Plexus Holdings was awarded Entrepreneur of the Year at the 2013 Grant Thornton Quoted Company Awards, the company announced Friday.

The Chief Executive Officer and founder of oil and gas engineering group Plexus Holdings was awarded Entrepreneur of the Year at the 2013 Grant Thornton Quoted Company Awards, the company announced Friday.

Ben Van Bilderbeek picked up the prize this week at the Natural History Museum in London.

"I am delighted to accept this award on behalf of my management team and staff who have helped to build Plexus to where it is today," he said.

"We all look forward to focusing on delivering the many value creating opportunities that will present themselves in the future."

The annual awards recognise the achievements of companies below the FTSE 350.

The AIM-listed UK company was commended for its proprietary POS-GRIP technology.

Van Bilderbeek invented the friction grip method of wellhead engineering which has experienced growing demand.

He has more than 40 years of experience in engineering and management roles and and has previously held senior positions with Vetco Offshore Industries, Dril-Quip and Ingram Cactus.

The businessman went on to form his own oil and gas consultancy in 1982 and in 1986 founded Plexus before merging with Ingram Cactus which was later acquired by Cameron.

He subsequently invented, developed and commercialised POS-GRIP technology before Plexus Holdings plc was admitted to AIM in 2005.

Plexus has supplied POS-GRIP wellhead systems to more than 300 wells worldwide, operated by companies including BG, BP, ConocoPhillips, Gaz de France, Maersk, Repsol, Shell, and Statoil.

RD

Recommended

Imperial Brands has an 8.3% yield – but what’s the catch?
Share tips

Imperial Brands has an 8.3% yield – but what’s the catch?

Tobacco company Imperial Brands boasts an impressive dividend yield, and the shares look cheap. But investors should beware, says Rupert Hargreaves. H…
20 May 2022
Investing in drugmakers: uncommon profits from curing rare diseases
Share tips

Investing in drugmakers: uncommon profits from curing rare diseases

Treatments for medical conditions with only a small number of sufferers can still be very attractive for pharmaceutical companies and investors becaus…
20 May 2022
Share tips of the week – 20 May
Share tips

Share tips of the week – 20 May

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
20 May 2022
Delivering profits: should you buy Royal Mail shares?
Share tips

Delivering profits: should you buy Royal Mail shares?

The volume of parcels delivered by Royal Mail soared during the pandemic, and so did its profits. But it has been coming under pressure lately. So, as…
19 May 2022

Most Popular

The ten highest dividend yields in the FTSE 100
Income investing

The ten highest dividend yields in the FTSE 100

Rupert Hargreaves looks at the FTSE 100’s top yielding stocks for income investors to consider.
18 May 2022
Aviva: a share for income investors to tuck away
Share tips

Aviva: a share for income investors to tuck away

Insurance giant Aviva is one of the highest yielding stocks in the FTSE 100 – and it’s cheap, too, making it a tempting target for income investors. R…
18 May 2022
Despite the crypto crash, bitcoin still has a bright future
Bitcoin & crypto

Despite the crypto crash, bitcoin still has a bright future

Cryptocurrencies have crashed hard, with bitcoin down by more than 50% from its peak. But, says Dominic Frisby, bitcoin still has a future – it is the…
19 May 2022