History of the Denholm Group
The history of the Denholm Group is largely to do with the ownership, operation and servicing of ships. A brief resume is given on this page and a full version can be obtained on application.
In 1866, James Denholm set up his Ships Agency in Greenock, on the Firth of Clyde. In 1869 he was joined by his younger brother John and the business of J. & J. Denholm was begun.
In 1872, the brothers found investors to back the purchase of their first sailing ship, 'David Sinclair'. A further ten sailing vessels followed before they made the transition to steam in 1882. The first steam ship was the 'Carronpark' and this started a theme of vessels named after the five Greenock parks.
Denholm weathered both World Wars, during which they lost a total of 11 vessels to enemy action. After the Second World War the company, now run by John Denholm's sons John and William, made the decision to rebuild the fleet, despite the greatly increased cost of ships post war.
A number of joint owning companies were formed with Connels, Lithgows and Clarksons and in each of these ventures Denholm's role was to technically manage the ships. Before long they were approached to manage ships that were owned by third parties and a ship management business was born. Under the guidance of William Denholm's sons Ian and Robert the ship management business grew to be a world leader in the field and at one point had over one per cent of the world tonnage under management.
Foreseeing the slump in shipping markets following the oil shocks of the 1970s, the Denholms decided to diversify their interests away from the ownership and operation of ships. Firstly they developed the original ship agency business through a series of acquisiitons into what is the Logistics business today. Then they bought the Seafoods business of Christian Salvesen and developed this into today's Seafoods Division. Finally through a series of acquisitions they developed the current Industrial Services and Oilfield Services businesses. This diversification was led by Ian Denholm's son John and he still heads up the business today.
The Ships Agency continued to develop and expand as Denholm Shipping Services. In 2003 this was added to, with the acquistion of the Bahr Behrend Group of companies to form the basis of what was to become the Logistics Division.
Today, the Seafoods Division maintains a strong presence in the fishing industry of Scotland. With a pelagic processing operation in Peterhead and Fishselling and Vessel Support operations around the coast of Scotland and Northern Ireland, Seafoods remains a significant part of Denholm's business.
When painting ships and structures, the need to prepare and access these quickly becomes apparent. To the painting business were added pressure washing and scaffolding operations and companies, and so from Denholm Offshore Services came the Industrial Services Division. In May 2016, Denholm Industrial Services acquired Scaffold Erection Services (SES), a Birmingham-based scaffolding business.
The Industrial Services Division in turn spawned the Oilfield Services Division, providing specific support to the Oil & Gas industry in the UK, the Middle East and the Caspian Region. Denholm Oilfield Services was demerged from the J. & J. Denholm Group in September 2015 and is still owned by the descendants of John Denholm.
Recently, the Logistics Division announced the planned merger of two of its businesses, Denholm Transport and Denholm Handling, to create Denholm UK Logistics. In anticipation of the merger - which is due to be completed in July 2018 - Denholm Handling was renamed Denholm UK Logistics in April 2018.