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.

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

http://www.fsifm.com
PFM


MOST VIEWED...

View more articles
Article image

Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the r...
Article image

Sustainable business policies making good business sense

PFM examines how the alignment of sustainable practices are becoming an important element in the winning or contin...
Article image

“I don’t understand the PFM Awards”

The information provided below is intended to provide the FM industry with more understanding of the industry’s oldest awards initiative, which continues t...

Benchmarking maintenance

BSRIA has just published this year's operation and maintenance benchmarking report as a guide for building operators to evaluate their performance against ...
Article image

Making smart decisions when purchasing new technology

We asked industry experts if the implementation of new technology should be expected to reduce cost, in addition to improving the operation of facilities, ...
Article image

Olympus KeyMed Choose Artic!

Artic Building Services were awarded the contract to replace the existing Carrier Chiller at Olympus KeyMed....