This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

http://www.cafmexplorer.com/?utm_source=pfm-site&utm_medium=468x60banner&utm_campaign=2018_messaging

Socotec announces purchases of UK specialist service provider

22 March 2017

French construction inspection service provider Socotec Group has announced the purchase of UK-based ESG for an undisclosed sum.

Employing around 1,400 people, ESG was previously majority owned by 3i Group.

It is a specialist provider of testing, inspection and compliance (TIC) services and operates 28 sites in the UK and Ireland.

Included within this are 28 UKAS-accredited testing and measurement laboratories.

ESG operates mainly within the construction and infrastructure sectors and is led by chief executive officer (CEO) Ian Sparks.

The acquisition was described as part of Socotec's international expansion drive, furthering its aim to become the leading European provider of TIC services within the construction and infrastructure sectors.

Socotec CEO Hervé Montjotin described the deal as enhancing his company's "scope of expertise", providing a base second only to its French owner's in size.

"This acquisition, which will double our revenue outside France, is a perfect fit for our international expansion plans," he said.

Mr Sparks described the two companies shared ambitions for growth as "extremely important".

The size of Socotec and its wide range of services, provided to similar sectors to ESG, was described as "really good news for both ESG and our clients".


Print this page | E-mail this page

MOST VIEWED...


Article image Carillion paid price for 'chasing revenue at the expense of profit'

Thoughts on the demise of Carillion have been shared by the PFM Editorial Advisory Board (EAB) during its latest meeting yesterday afternoon.Full Story...

Article image Nigel Taylor: Who is the Man behind Carillion Services?

Clear, engaging and collaborative – that’s how Carillion Services MD Nigel Taylor, a lifelong Leeds United supporter – describes his management style. In this exclusive interview, PFM got a glimpse of the private man behind the business image.Full Story...

Sodexo, Carillion and Mitie top Magenta’s social media FM ranking

Troubled FM businesses feature in top government suppliers' list

Be in control of your washroom with new Scott® Control Range

http://www.fsifm.comhttps://www.cleaningshow.co.uk/manchester