Energy service company Cape calls in Buchanan

FTSE 250 energy service company Cape has hired Buchanan to handle its corporate and financial PR after a seven-way pitch.

Switching agencies: Cape
Switching agencies: Cape

Buchanan fought off competition believed to include Brunswick, Tulchan, FTI Consulting, Pelham Bell Pottinger and MHP to pick up the ex-M:Communications client.

Cape, listed on the main market of the London Stock Exchange, provides fire protection and scaffolding to the energy and natural resources sector.

The account team at Buchanan is led by Bobby Morse, who commented: 'Cape is an outstanding business. The new management team at Cape have an exciting opportunity to generate significant returns for shareholders.'

Joe Oatley was installed as Cape's chief executive in June last year after a series of profit warnings saw the firm's valuation tumble by two-thirds.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Latest Articles

John Lewis to tell brand story with "tasteful" 150th anniversary celebrations

John Lewis to tell brand story with "tasteful" 150th anniversary celebrations

Department store John Lewis is to use its 150th anniversary this year to talk about its history, which "not enough people know about", according to director of communications Peter Cross.

Labour hires Obama election strategist David Axelrod to fight General Election

Labour hires Obama election strategist David Axelrod to fight General Election

The man who helped Barack Obama win the 2008 and 2012 US presidential elections is to work for Labour along with members of his team.

Sky adds Fever PR to its roster after splitting with Cake

Sky adds Fever PR to its roster after splitting with Cake

Pay-TV giant Sky has added Fever PR to its agency line-up for a wide-ranging brief covering products and services.

Max Clifford trial jury to continue deliberations after Easter break

Max Clifford trial jury to continue deliberations after Easter break

The jury in the trial of celebrity publicist Max Clifford has been sent home for Easter and will reconvene on Tuesday for further deliberations about its verdicts on 11 charges of indecent assault.

Home Office brings in Munro & Forster to campaign against FGM

Home Office brings in Munro & Forster to campaign against FGM

The Home Office has tasked Munro & Forster (M&F) with supporting its campaign to eradicate female genital mutilation (FGM) as part of a wider retained brief.