Northumberland offshore technology supplier Osbit says it has grown its team by a third since its takeover by a Yorkshire group three months ago.
The Riding Mill-based company, an offshore wind technology developer, has taken on more than 40 new employees following its acquisition by Venterra Group last October.
Osbit was one of three firms bought by Sheffield based Venterra Group, which was formed by former Petrofac International chief executive Ayman Asfari as part of moves to invest £250m in the offshore wind farm life cycle by the middle of next year.
