Exova Group PLC Acquisition (8239M)
21 July 2014 - 5:00PM
UK Regulatory
TIDMEXO
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
END
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