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Exova Group PLC  -  EXO   

Acquisition

Released 08:00 21-Jul-2014

RNS Number : 8239M
Exova Group PLC
21 July 2014
 



21 July 2014

Exova Group plc

 

Exova acquires Metallurgical Services Private Limited

 

Exova Group plc ("Exova"), a leading provider of laboratory-based testing and related advisory services, announces that it has acquired Metallurgical Services Private Limited ("Metallurgical Services"), an Indian-based provider of metallurgical, mechanical, corrosion and other testing services.

 

Metallurgical Services supports clients in high growth sectors including oil & gas, industrials and infrastructure across India.  Established in 1964, Metallurgical Services is based in Mumbai and employs 130 staff.  Metallurgical Services will form part of Exova's Rest of World region and Oil & Gas and Industrials business cluster.

 

Ian El-Mokadem, Chief Executive Officer of Exova, commented:  

 

"This is our sixth acquisition within the past year and underlines our strategy of growing our global footprint and extending our service offering through strategic acquisitions in the customer sectors we serve from our facilities in 23 countries worldwide."    

 

Enquiries:

For further information please contact:

Ian Power, Investor Relations

Exova Group plc

Telephone: +44 (0) 131 476 7612

 

Stuart Neill, Group Communications

Exova Group plc

Telephone: +44 (0) 7799 365 043

 

 

Paul Durman, Ian Middleton, Sophie Moate

Powerscourt

Telephone: +44 (0) 20 7250 1446

Email: exova@powerscourt-group.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Acquisition - RNS