Three senior employees buy noted MEP firm
Three senior employees of the long-established mechanical, electrical and plumbing contractor Androgroup Ltd. have purchased the company.
Steven Walsh, David Woodcock and Chris Mattock purchased the company with effect from 1 July 2011.
Former shareholder Alan Roffey not only sold his interest in the company, but will also step away from his management role as chief executive to pursue other interests.
Mr. Walsh, who will take over the company’s general manager role, said the new ownership would work together to carry on the “excellent reputation for high-quality work and professional staff” the company had established during the last three decades.
“As long-term employees of the company, we are proud to be taking full control and will be seeking to expand the business whilst maintaining and building on our relationships with our current customers,” he said. “It is an exciting time for us and Androgroup, and we’re confident we have the right team to move the company forward.”
The new ownership team said there would be no major shake-ups in the way the company does business and promised a seamless transition.
Mr. Woodcock has worked for the Andro group of companies since 1998, both here in the Cayman Islands an in the British Virgin Islands. He started as an electrician and moved all the way up to project manager.
Mr. Walsh has been with the company seven years, having started in the warehouse and moving up the ladder on the administrative side of the company.
“I’ve done a bit of everything,” he said.
Mr. Mattock has been with Androgroup for three years in the capacity of a quantity surveyor.
The sale does not include a sister company, Androgroup Elevator Ltd., although Mr. Roffey said that company will continue to have a “strong symbiotic relationship” with Androgroup Ltd.
Mr. Roffey said it would be strange not coming to work at Androgroup and not being involved in its management anymore.
“Don’t worry; I’m not riding into the sunset,” he said. “I am just pursing new opportunities.”
Andro Electric Co. Ltd, as it was known then, was formed by Mr. Roffey in 1983.
“It had its Genesis with a quick service call to High Rock to help Dick Christiansen out with a broken generator and the rest, as they say, is history,” he said, noting that Androgroup at one time had more than 200 employees and led the market for mechanical, electrical and plumbing industry. Over the years, Andro has completed work on such projects as Anderson Square, George Town Hospital, Strathvale House, Camana Bay and many others.
He said one of the things he was most proud of was Andro’s record for hiring and training Caymanians and always maintaining a ratio of 55-60 per cent Caymanians-to-work-permit-holders ratio.
“We’ve hired Caymanians whenever possible and promoted them from within,” he said. “That’s a very important ethos of our company.”
Mr. Roffey said he was very grateful to all the employees and loyal customers who had supported Androgroup over the years. He said he was leaving the company in good hands.
“These guys have worked very well together for a long time; they’ll share the responsibilities.”