Roemex, a leading provider of speciality chemicals and support services to the global energy sector, has completed a management buyout (MBO), marking a major milestone in the company’s 40-year history. The MBO secures business continuity while positioning Roemex for sustained growth, innovation, and renewed focus on delivering best-in-class service.
Founded in 1984 by Richard Simcox, Roemex has earned a global reputation for high-quality chemical solutions, technical expertise, and exceptional customer support. Headquartered in Aberdeen with satellite offices in the UAE and the Netherlands, the company is recognised for its responsiveness, agility, and tailored solutions across the energy sector.
In recent years, Roemex has expanded its workforce from 25 to 40 employees across three countries, while annual turnover has risen 133%, from £6 million to £14 million—growth driven by both market demand and the company’s commitment to service excellence.
The MBO sees senior leaders George Dickson (now CEO), Peter Wilkie (Managing Director), and Alex Buchan (Director of Drilling and Completions) take ownership of the business. Their experience and strong customer relationships ensure a seamless transition and reinforce Roemex’s customer-first approach.
Outgoing founder Richard Simcox said: “Handing the business to the team who shaped its success ensures continuity and a bright future. Roemex has always been defined by its commitment to customers, and that will remain at the heart of the company.”
CEO George Dickson added: “Taking ownership of a business we have dedicated decades to is a significant milestone. The MBO allows us to strengthen our foundation while continuing to innovate and grow, with exceptional customer service remaining our top priority.”
With the MBO complete, Roemex enters a new era built on stability, deep technical expertise, and an unwavering commitment to customer service as the cornerstone of its global success.