Exova acquires Environmental Evaluation

EDINBURGH, Scotland--()--Exova Group plc, the global testing, calibration and advisory services provider, has acquired UK-based environmental testing specialist Environmental Evaluation Limited (EEL).

EEL is recognised as a leader in asbestos management services for the nuclear decommissioning industry. The company also provides specialist asbestos testing and inspection to a range of private and public sector customers, along with stack emissions testing, occupational hygiene advisory services and health & safety training. EEL is based in Oldham and employs 83 staff.

The deal extends Exova’s geographical reach and capabilities within the UK, as well as opening up growth opportunities in new market segments.

Demand for environmental testing has increased as organisations aim to meet increasingly stringent national and international regulations. Exova is now well positioned to capitalise on this demand through its comprehensive range of services.

Ian El-Mokadem, chief executive officer of Exova, said: “Acquiring Environmental Evaluation Limited not only brings new, scalable capabilities to our existing environmental testing business, but also furthers Exova’s ambition to provide a wider range of services to existing customers and to access new markets.

“We have successfully integrated a number of businesses into our Group over the past 15 months. This deal further underlines our strategy of extending the reach of our business and developing our service offering through strategic acquisitions in the customer sectors we serve from facilities in 23 countries worldwide.”

EEL was established in 1991 and supports over 2,500 customers around the UK from four testing facilities and through its team of experts operating on-site in customer premises.

Contacts

Exova Group plc
Ian Power
Investor Relations
Telephone: +44 (0) 131 476 7612
or
Stuart Neill
Group Communications
Telephone: +44 (0) 7799 365 043
or
Powerscourt
Paul Durman
Telephone: +44 (0) 7793 522 824

Release Summary

Exova Group plc, the global testing, calibration and advisory services provider, has acquired UK-based environmental testing specialist Environmental Evaluation Limited (EEL).

Contacts

Exova Group plc
Ian Power
Investor Relations
Telephone: +44 (0) 131 476 7612
or
Stuart Neill
Group Communications
Telephone: +44 (0) 7799 365 043
or
Powerscourt
Paul Durman
Telephone: +44 (0) 7793 522 824